Question: Check my workCheck My Work button is now enabled 1 Item 1 The auditors used statistical sampling for the audit of inventory and calculated an

Check my workCheck My Work button is now enabled1
Item 1
The auditors used statistical sampling for the audit of inventory and calculated an estimated total audited value of $1,100,000; the clients book value for inventory is $1,200,000. This misstatement is properly classified as a:
Multiple Choice
Factual misstatement.
Judgmental misstatement.
Projected misstatement.
Relevance misstatement.

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