Mathematics, 13.08.2021 17:50 rose3358

The 4,000 accounts receivable of GHI 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 $1,600. Using the mean-per-unit estimation technique, Smith has properly estimated a projected misstatement of a $8,000 overstatement for the entire population. The audited value of Smith's sample is:

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The 4,000 accounts receivable of GHI Company have a total book value of $60,000. Bob Smith, CPA, has...

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