AJeter,CPA,performed a Nonstatistical Sampling Plan to Examine the Inventory Balances

Multiple Choice

A.Jeter,CPA,performed a nonstatistical sampling plan to examine the inventory balances of Big Apple Company and audited 200 items from a sample and found an audited value of $36,000.The sample had a recorded value of $40,000.If the entire inventory contained 3,000 items and the total recorded value of the inventory was $500,000,the estimated account balance using nonstatistical estimation and projecting the error based on number of items examined was

A) $393,600.
B) $474,500.
C) $450,000.
D) $540,000.