Question: Calculate the projected misstatement in a population using ratio projection. Tolerable Misstatement $20,000 Materiality $50,000 Sample size $ 5,126 Population size $ 527,624 Sample misstatement

Calculate the projected misstatement in a population using ratio projection.

Tolerable Misstatement $20,000

Materiality $50,000

Sample size $ 5,126

Population size $ 527,624

Sample misstatement $ 269

Sample item number 1,335

Population item number 75,188

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