In a Probability-Proportional-To-Size Sample with a Sampling Interval of $5,000

question 194

Multiple Choice

In a probability-proportional-to-size sample with a sampling interval of $5,000, an auditor discovered that a selected account receivable with a recorded amount of $10,000 had an audit amount of $8,000. If this were the only error discovered by the auditor, the projected error of this sample would be:

• A) $1,000
• B) $2,000
• C) $4,000
• D) $5,000

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Definitions:

Basal Nuclei

Groups of neurons located deep within the cerebral hemispheres that are involved in the control of movement.

Circular Speech

A communication pattern where the speaker repeats ideas in a loop without reaching a conclusion.

Uncontrolled Rage

An extreme and uncontrollable emotional state of anger that can lead to aggressive behaviors and potentially harm to oneself or others due to a lack of inhibition or impulsivity.

Cerebral Hemisphere

The cerebral hemisphere refers to one half of the cerebrum, the largest part of the brain; the brain is divided into right and left hemispheres.