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In a Probability-Proportional-To-Size Sample with a Sampling Interval of $5,000

Question 194

Multiple Choice

In a probability-proportional-to-size sample with a sampling interval of $5,000, an auditor discovered that a selected account receivable with a recorded amount of $10,000 had an audit amount of $8,000. If this were the only error discovered by the auditor, the projected error of this sample would be:


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

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