Question: Simulation 9 A - 1 2 ( Static ) [ LO 9 - 7 Module 9 A ] The following is a computer printout generated

Simulation 9A-12(Static)[LO 9-7 Module 9A]
The following is a computer printout generated by audit software using monetary unit sampling:
Incremental Allowance
The software uses factors from the following MUS table:
Required:
a. What was the planned sample size?
b. What is the total misstatement in the sample?
c. What is the most likely total misstatement in the population?
d. Calculate the upper limit on misstatement.
e. Calculate the allowance for sampling risk.
f. Would one "accept" or "reject" the population as being materially correct?
g. What is the risk of incorrect acceptance?
Complete this question by entering your answers in the tabs below.
What was the planned sample size?
What was the planned sample size?
Simulation 9A-12(Static)[LO 9-7 Module 9A] The following is a computer printout

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