An auditor is determining the appropriate sample size for testing inventory valuation using MUS. The population has
Question:
An auditor is determining the appropriate sample size for testing inventory valuation using MUS. The population has 3,140 inventory items valued at $19,325,000. The tolerable misstatement is $575,000 at a 10 percent ARIA. No misstatements are expected in the population. Calculate the preliminary sample size.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Auditing And Assurance Services An Integrated Approach
ISBN: 9780135176146
17th Edition
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley
Question Posted: