Question: what else do you need? Assume that you have selected the following nonstatistical sample for selecting accounts receivable for confirmation. The total book value of

what else do you need? Assume that you have selected the

what else do you need?

Assume that you have selected the following nonstatistical sample for selecting accounts receivable for confirmation. The total book value of the population is $9,000,000, and tolerable misstatement is $350,000. You have decided to audit every item over $50,000 and randomly select items in two groups under $50,000, as the following shows. You selected the following sample. Stratum Book Value of Book Value of Audit Value Stratum Sample of Sample 20 20 $3,000,000 $3,000,000 $2,948,000 > $50,000 $50,000 > > $5,000

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