AJeter,CPA,performed a Nonstatistical Sampling Plan to Examine the Inventory Balances

question 73

Multiple Choice

A.Jeter,CPA,performed a nonstatistical sampling plan to examine the inventory balances of Big Apple Company and audited 200 items from a sample and found an audited value of $36,000.The sample had a recorded value of $40,000.If the entire inventory contained 3,000 items and the total recorded value of the inventory was $500,000,the estimated account balance using nonstatistical estimation and projecting the error based on number of items examined was

• A) $393,600.
• B) $474,500.
• C) $450,000.
• D) $540,000.

Recognize the characteristics that define a community.

Understand the definition and types of stress, including beneficial and harmful aspects.

Recognize and categorize goals based on their value.

Identify the components and benefits of meditation and relaxation techniques.

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Definitions:

Sensorimotor Stage

A developmental phase from birth to about 2 years of age, in Jean Piaget's theory, where infants learn about their environment through their sensory and motor interactions.

Nonsymbolic Aspects

Elements or features not represented by symbols or not involving symbolic representation or thought, often relating to direct, concrete experiences.

Coordinate Sensations

involves the ability to integrate sensory information from different sources, leading to a unified perception of one's environment.

Motor Reflexes

Involuntary movements or actions automatically triggered by specific stimuli, fundamental for survival and development.