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Unformatted text preview: of balances would need to be increased. The auditor could use the sample size formula to increase the sample size by increasing the assurance factor. c) I will select a systematic sample based on the dollar value of the population; the appropriate interval can obtained by dividing the population value by the required sample size. d) The population can be considered fairly stated, because the projected error of $45,000 is well below the tolerable misstatement of $150,000....
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This note was uploaded on 01/20/2010 for the course ACCT 275 taught by Professor Foe during the Fall '10 term at Nashville State Community College.
- Fall '10