The auditors decision about the risk of incorrect acceptance affects which of the following factors in a
Question:
The auditor’s decision about the risk of incorrect acceptance affects which of the following factors in a statistical PPS sample?
a. Tolerable misstatement.
b. Reliability factor.
c. Book value of the population.
d. Expected misstatement.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (6 reviews)
b Re...View the full answer
Answered By
ZIPPORAH KISIO LUNGI
I have worked on several other sites for more than five years, and I always handle clients work with due diligence and professionalism. Am versed with adequate experience in the fields mentioned above in which have delivered quality papers in research, thesis, essays, blog articles, and so forth.
I have gained extensive experience in assisting students to acquire top grades in biological, business and IT papers. Notwithstanding that, I have 7+ years of experience in corporate world software design and development.
5.00+
194+ Reviews
341+ Question Solved
Related Book For
Auditing A Practical Approach with Data Analytics
ISBN: 978-1119401742
1st edition
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
Question Posted:
Students also viewed these Business questions
-
Kyle Berry is using mean- per- unit estimation in the audit of Leonards inventory balances. Leonards inventory is recorded at $ 240,000 and comprises 1,200 different items. Berry determined a sample...
-
N. Wolfe, PA, is planning the audit of Goodwin Manufacturing Companys inventory. Wolfe plans to audit the inventory by selecting a sample of items for physical observation and counting, followed by...
-
Determine the objectives of the test. You are auditing both quantities and pricing of the final inventory accumulation. a. Explain the assertions that you are testing. b. Explain the evidence that...
-
Refer to the Journal of Experimental Psychology-Applied (June 2000) name-retrieval study, presented in Exercise. The data for the study are saved in the NAMEGAME2 file. a. Find a 99% confidence...
-
Eastern Shipping stock trades at $120 a share. The company is contemplating a 5-for-2 stock split. Assuming that the stock split will have no effect on the total market value of its equity, what will...
-
What is the direct cause of sicklecell anemia (think primary structure)?
-
Mrs. Palsgraf was waiting for a train on a platform of a railroad. When a different train came into the station, two men ran to get on that train before it left the station. While one of the men...
-
Martin Buber Co. purchased land as a factory site for $400,000. The process of tearing down two old buildings on the site and constructing the factory required 6 months. The company paid $42,000 to...
-
How to explain in details the constraints and integrity of the relational model regarding relations and relationships in Database System ?
-
THE SHOPPES AT RIVERSIDE Fonda L. Carter, Columbus State University Kirk Heriot, Columbus State University CASE DESCRIPTION This case asks the students to recommend a decision to a group of...
-
The following research question focuses on the audit of Fine Host Corporation (FHC), a Connecticut based company that provided food and beverages concession, catering, and other services in...
-
sample Assume the following misstatements were found in a PPS sample: Required a. Calculate the projected misstatement assuming: 1. The sampling interval was $1,800. 2. The sampling interval was...
-
According to a genetics theory, a certain cross of guinea pigs will result in red, black, and white offspring in the ratio 8:4:4. Find the probability that among 8 offspring 5 will be red, 2 black,...
-
maximise 0 2 u ( t ) d t + x ( 2 ) subject t o x ' ( t ) = - 2 u ( t ) , x ( 0 ) = 4 , x ( 2 ) = ( - , + ) , u ( t ) = [ 0 , 2 ] optimal control problem
-
Higher crime rates, unfair access to education and healthcare, Lower social mobility, lower social trust, and environmental degradation are five effects of economic inequality. Provide a five...
-
A company sells Widgets to consumers at a price of $113 per unit. The costs to produce Widgets is $23 per unit. The company will sell 10,000 Widgets to consumers each year. The fixed costs incurred...
-
A bird population has a growth factor of (1)/(4) every year. What is the growth factor every 6 months?
-
A caterer offers a choice of ham or turkey, 2 choices of salad, 3 choices of vegetables, anc cake or ice cream for dessert. How many different meals, consisting of one time from each category, can be...
-
Your friend Tom Wetzel has been hired to help take the physical inventory in Kikujiro's Hardware Store. Explain to Tom what this job will involve.
-
Revol Industries manufactures plastic bottles for the food industry. On average, Revol pays $76 per ton for its plastics. Revol's waste-disposal company has increased its waste-disposal charge to $57...
-
Name three specific examples of firms that developed a marketing mix to appeal to senior citizens.
-
Explain the product-market screening criteria that can be used to evaluate opportunities.
-
Explain General Electrics strategic planning grid approach to evaluating opportunities
-
1. Suppose you buy the minimum risk portfolio on margin (MR=0.4) and a risk free rate = 4%. What is your expected return? SHOW ALL WORK PLEASE
-
40 g Dried Porcini Mushrooms 108 g Olive Oil 100 g Butter, Unsalted 1680 g Onions, Diced 30 g Garlic Cloves, Crushed 1200 g Arborio Rice 3696 g Vegetable Stock 400 g Parmesan 600 g Mozzarella (Fresh)...
-
Describe the following types of budgets and how they differ from each other: Operating budgets,capital budgets,and financing budgets. From your research and professional interests, which one (yes,...
Study smarter with the SolutionInn App