Multiple Choice
In a monetary-unit sample with a sampling interval of $5,000, an auditor discovers that a selected account receivable with a recorded amount of $10,000 has an audit amount of $8,000. If this were the only error discovered by the auditor, the projected misstatement for this sample would be:
A) $5,000.
B) $4,000.
C) $2,000.
D) $1,000.
Correct Answer:
Verified
Correct Answer:
Verified
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