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Author Question: An estimate of the largest likely overstatement in a population at a given ARIA, using monetary unit ... (Read 27 times)

meganh99

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Question 1

An auditor uses monetary unit sampling with a sampling interval of $20,000 and detects an item with a recorded amount of $10,000 with an audited value of $4,000. The projected misstatement of the sample is
◦ $12,000.
◦ $6,000.
◦ $10,000.
◦ $3,000.

Question 2

An estimate of the largest likely overstatement in a population at a given ARIA, using monetary unit sampling is the
◦ point estimates.
◦ precision intervals.
◦ confidence intervals.
◦ misstatement bound.


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Marked as best answer by meganh99 on Aug 21, 2022

Snabbey

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meganh99

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Reply 2 on: Aug 21, 2022
Gracias!


amit

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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