The 1000 Accounts Receivable of Winco Company Have a Total

question 82

Multiple Choice

The 1000 accounts receivable of Winco Company have a total book value of $20,000 (Average book value = $20) .Bob Duffo,CPA,has selected and audited a sample of 50 accounts with the following mean values:
1) Book value of $19.
2) Audited value of $19.60.
What is the estimated total audited value using mean per unit sampling?

• A)$19,000.
• B)$19,600.
• C)$20,000.
• D)$20,632.

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Definitions:

Memory Consolidation

The process by which short-term memories are transformed into long-term memories.

Long-Term Potentiation

An enduring increase in signal transmission between two neurons that results from stimulating them synchronously, believed to be a cellular mechanism for learning and memory.

Classically Conditioned Associations

Refers to the learning process that occurs when two stimuli are repeatedly paired together; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Cerebellum

is a part of the brain that plays a major role in motor control, balance, coordination, and fine-tuning of movements.