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    Auditing A Practical
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    Exam 10: Risk Responseaudit Sampling for Substantive Testing
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    An Account Balance Is $300,000 and There Are 25 Items
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An Account Balance Is $300,000 and There Are 25 Items

Question 61

Question 61

Short Answer

An account balance is $300,000 and there are 25 items in the account, six of which have balances that equal or exceed $15,000.To ensure that all accounts with balances of at least $15,000 are selected, what would the sampling interval be?

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