The 1,000 Accounts Receivable of Baker Company Have a Total

question 33

Multiple Choice

The 1,000 accounts receivable of Baker Company have a total book value of $30,000 (Average book value = $30) .Wendy Duffo,CPA,has selected and audited a sample of 50 accounts with the following mean values:
1.Book value of $29.00
2.Audited value of $29.50.
-What is the estimated total audited value using difference estimation sampling?

• A)$29,000.
• B)$29,500.
• C)$30,517.
• D)$30,500.

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