Multiple Choice
If an auditor were to calculate an estimate of the errors by direct projection from the sample to the population and found $7000 of net overstatement errors in a sample of $100 000 out of a total population of $900 000, the estimate of errors in the population is
A) $6300.
B) $778.
C) $63 000.
D) $77 778.
Correct Answer:
Verified
Correct Answer:
Verified
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