Question: Gordon is using statistical sampling on an audit. He has decided to use probability - proportional - to - size ( PPS ) sampling, sometimes
Gordon is using statistical sampling on an audit. He has decided to use probabilityproportionaltosize PPS sampling, sometimes called monetaryunit sampling, in the audit of a client's accounts receivable balances, Gordon plans to use the following PPS sampling table:What is the sample interval using systemic sampling?Number of OverstatementsTable Confidence Factors for OverstatementsRisk of Incorrect AcceptanceAdditional InformationTolerable misstatement$Anticipated misstatement$ Risk on incorrect acceptanceRecorded amount of accounts receivable $Number of accounts a b cv d
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