Question: Should any errors be extrapolated over the entire population given that the only identified error relates to Confirmation 3? You send a total of 3
Should any errors be extrapolated over the entire population given that the only identified error relates to Confirmation 3?

You send a total of 3 1 confirmations: 30 confirmations as determined by the samplingtable and 1 that was judgmentally selected because it was greater than performancemateriality.A selection of the confirmation results for Fuel Pro is shown below.AmountConfirmationRecordedConfirmed byEvaluation ofNumberCustomer NameBalanceCustomerResultsRepresentative$5.000ConfirmationCorporationreply not receivedfrom customerIllustration LLC$8.000$8,000Selection$10,000$9 800Partnership4Specimen Inc. (a$2,000,000$2,000.000related party)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
