Multiple Choice
An auditor uses monetary unit sampling with a sampling interval of $20,000 and detects an item with a recorded amount of $10,000 with an audited value of $4,000. The projected misstatement of the sample is
A) $12,000.
B) $6,000.
C) $10,000.
D) $3,000.
Correct Answer:
Verified
Correct Answer:
Verified
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