In a Monetary-Unit Sample with a Sampling Interval of $5,000

question 49

Multiple Choice

In a monetary-unit sample with a sampling interval of $5,000, an auditor discovers that a selected account receivable with a recorded amount of $10,000 has an audit amount of $8,000. If this were the only error discovered by the auditor, the projected misstatement for this sample would be:

• A)$5,000.
• B)$4,000.
• C)$2,000.
• D)$1,000.

---

Definitions:

Root

A foundational part or the base of something, often referring to the part of a plant that typically lies below the surface of the soil or a basic cause, source, or origin of something.

-ectasis

Refers to dilation or expansion of a hollow organ or its parts.

-phobia

A suffix used to denote an extreme or irrational fear of a specific object, situation, or activity.

-phagia

A suffix related to eating or swallowing, often used in terms identifying disorders related to difficulties in swallowing.