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Author Question: An estimate of the largest likely overstatement in a population at a given ARIA, using monetary unit ... (Read 9 times)

meganh99

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on: Aug 21, 2022

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.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by meganh99 on Aug 21, 2022

Snabbey

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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meganh99

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Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it

LVPMS

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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