Question: In a probability-proportional-to-size sample with a sampling interval of $6,500, an auditor discovered that a selected account receivable with a recorded amount of $4,000 had
In a probability-proportional-to-size sample with a sampling interval of $6,500, an auditor discovered that a selected account receivable with a recorded amount of $4,000 had an audit amount of $3,600. If this were the only error discovered by the auditor, the projected error of this sample would be
1. $360
2. $400
3. $2500
4. $650
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