The 10,000 Accounts Receivable of DEF Company Have a Total

question 39

Multiple Choice

The 10,000 accounts receivable of DEF Company have a total book value of $120,000.A CPA has selected and audited a sample of 100 accounts with a total book value of $1,000 and an audited value of $1,200. Using the mean-per-unit estimation technique,the estimated total audited value of the population is:

• A)$100,000.
• B)$120,000.
• C)$140,000.
• D)$144,000.

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