Case Study 3 14-33.docx

# Case Study 3 14-33.docx - Case Study 17-3 Title ACL Problem...

• 2

This preview shows 1 out of 2 pages.

Case Study 17-3 Title: ACL Problem Report by: Emily Hall a. Calculate the sample size and sampling interval for an MUS sample based on inventory value at cost (Value). Use a confidence level of 90%, materiality of \$40,000, and expected errors of \$2,500. a. Sample Size: 43 b. Sampling Interval: 15,606.06 b. What is the sampling size and sampling interval if you increase the materiality to \$50,000 and decrease expected errors to \$1,000? a. Sample Size: 32 b. Interval: 20,961.03 c. Select the sample based on the sampling interval determined in part a.

Subscribe to view the full document.

d. How many items were selected for testing? Why is this number less than the sample size determined in part A?
You've reached the end of this preview.
• Fall '15
• \$40,000, \$2,500, \$1,000

{[ snackBarMessage ]}

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern