Assume that a sample of 100 units was obtained in sampling the inventory in Question. Assume further

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Assume that a sample of 100 units was obtained in sampling the inventory in Question. Assume further that the following three misstatements were found:

Calculate adjusted misstatement bounds for the population. Draw audit conclusions based on theresults.

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Auditing and Assurance services an integrated approach

ISBN: 978-0132575959

14th Edition

Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley

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Question Posted: Oct 10, 2012 07:51 AM

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Assume that a sample of 100 units was obtained in sampling the inventory in Question. Assume further

Question:

Misstatement Recorded Value S 897.16 1,621.68 Audited Value S 609.16 1,522.68 47.02 0

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Misstatement bounds using the attributes tables Using the attributes sampling table for a sampl...View the full answer

Auditing and Assurance services an integrated approach

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