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The auditor found only a 3000 misstatement in a customer

Question - An auditor is going to use MUS with the following characteristics: population size: $1,000,000; sample size: 20; tolerable misstatement: $120,000. The auditor found only a $3,000 misstatement in a customer account of $75,000. What is the projected misstatement and upper misstatement level is the confidence level is 90%?

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Accounting Basics: The auditor found only a 3000 misstatement in a customer

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Accounting Basics: The auditor found only a 3000 misstatement in a customer

Reference No:- TGS02839737

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