In a Monetary-Unit Sample with a Sampling Interval of $10,000

question 11

Multiple Choice

In a monetary-unit sample with a sampling interval of $10,000, an auditor discovered that a selected account receivable with a recorded amount of $5,000 had an audit amount of $2,000. The projected misstatement of this sample was:

• A)$3,000.
• B)$4,000.
• C)$6,000.
• D)$8,000.

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Definitions:

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