Question: The auditor obtained the sample results provided below. If tolerable misstatement is $100,000 the population is acceptable (ignore sampling risk) Strata Book Sampled Amount Projected

The auditor obtained the sample results provided below. If tolerable misstatement is $100,000 the population is acceptable (ignore sampling risk) Strata Book Sampled Amount Projected Error Sample Errors Value Strata 1 500,000 15,000 500,000 Strata 2 500,000 15,000 2,500,000 Totals 1,000,000 3,000,000 O True O False

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