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Author Question: The method used to measure the estimated total misstatement amount in a population when there is ... (Read 29 times)

lingual

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on: Aug 21, 2022

Question 1

The auditor is concerned with the audited value rather than the misstatement amount of each item in the sample when using
◦ difference estimation.
◦ mean-per-unit estimation.
◦ ratio estimation.
◦ monetary unit sampling.

Question 2

The method used to measure the estimated total misstatement amount in a population when there is both a recorded value and an audited value for each item in the sample is
◦ difference estimation.
◦ mean-per-unit estimation.
◦ ratio estimation.
◦ monetary unit sampling.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by lingual on Aug 21, 2022

Preeti

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Reply #1 on: Aug 21, 2022
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lingual

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

gcook

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Reply 3 on: Yesterday
Wow, this really help

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