The 3,000 Accounts Receivable of DEF Company Have a Total

Multiple Choice

The 3,000 accounts receivable of DEF 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 $2,100.Using the difference estimation technique,Smith has properly estimated a projected misstatement of an overstatement of $6,000 for the entire population.The audited value of Smith's sample is:

A) $1,700
B) $1,800
C) $1,900
D) $2,300