Question: The stratification calculation example in the chapter shows the results of calculating the projected likely misstatement using the difference method. Assume the results shown in

The stratification calculation example in the chapter shows the results of calculating the projected likely misstatement using the difference method. Assume the results shown in Exhibit EP 10-5 were obtained from a stratified sample.

Required:

Apply the ratio calculation method to each stratum to calculate the projected likely misstatement (PLM). What is PLM for the entire sample?

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