Examlex

Solved

The 4,000 Accounts Receivable of GHI Company Have a Total

question 61

Multiple Choice

The 4,000 accounts receivable of GHI Company have a total book value of $60,000.Bob Smith,CPA,has selected and audited a sample of 100 accounts with a total book value of $1,600.Using the mean-per-unit estimation technique,Smith has properly estimated a projected misstatement of a $8,000 overstatement for the entire population.The audited value of Smith's sample is:


Definitions:

Hiring Person

Refers to an individual or entity responsible for recruiting and selecting candidates for employment positions.

Proofread

Proofread means to read (text) and mark any errors to be corrected, often in the context of preparing legal documents or publications.

Marketing Skills

The abilities and knowledge necessary to promote and sell products or services, including strategy development, communication, and understanding consumer behavior.

Job Interviews

The process where employers evaluate potential employees by asking questions to assess their suitability for a position.

Related Questions