Question 1
An accounts receivable population contains a total of four customers. The accounts, the amounts, and the cumulative total are shown below. Monetary unit sampling is to be used.
Account
Name | Recorded
Amount | Cumulative
Total |
| Blue | $357 | $357 |
| Brown | 281 | 638 |
| Gray | 60 | 698 |
| Green | 574 | 1,272 |
Based on the information above, the population size is
◦ 4.
◦ 574.
◦ 1,272.
◦ 2,684.
Question 2
An auditor is confirming a population of accounts receivable for monetary correctness. The population totals $2,000,000 and a sample of 200 confirmations is obtained. Upon audit, no misstatements are uncovered in the sample. Assuming an ARIA of 10%, the confidence factor would be 2.31. Applied to a sampling interval of $10,000, the upper misstatement bound is calculated as
◦ $462.
◦ $4,329.
◦ $23,100.
◦ $865,801.
Interaction web of factors that might influence locust population size.
Three Population Pyramids
Population Projections of the United States
Population Pyramids
Population Indicators
Poverty and population growth