Question: Using PPS/MUS if the projected misstatement if the Sampling Interval is $5,500 and an individual selected sample has a book value of $5,700 and audit

Using PPS/MUS if the projected misstatement if the Sampling Interval is $5,500 and an individual selected sample has a book value of $5,700 and audit value of $5,200. To determine the potential misstatement for this sampled item:

The auditor determines the tainting percentage and multiplies by the sampling interval

. Both A & B.

Neither A or B.

The auditor calculate the difference between the book value and audit value of the sample item and the actual misstatement is the same as the projected misstatement.

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