I am having trouble interpreting the sampling information regarding acquisitions of property, plant, and equipment. What does it mean whent he audited value a 4 item sample of a 4 item poplulation is larger then the book value of the popluation/sample? Stratum is grater then $750,000, book value of sample/population is $2,678,016, audited value of sample is $3,143,213, and tolerable misstatement is $1 million.

1. You select the following sample of acquisitions of property, plant, and equipment. What can you conclude about the acquisitions of property, plant, and equipment from this evidence? Tolerable misstatement for property, plant, and equipment is $1 million.

Stratum		Book Value of Population	Size of Stratum	Size of Sample	Book Value of Sample	Audited Value of Sample
1	> $750,000	$2,678,016	4	4	$2,678,016	$3,143,213
2	$250,000 $750,000	2,343,151	6	3	1,231,576	1,231,576
3	< $250,000	2,447,643	27	10	932,534	932,534
		$7,468,810			$4,842,126	$5,307,323