FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Janice is performing dollar-unit-
sampling in the audit of accounts
receivable. Aria is 5%, the sample
size is 60, and there are 4
overstatement deviations found in
the sample. What would the
incremental upper precision limits
be for this sampling example?
A. 4.9, 7.7, 10.1, 12.4, 14.6
B. 4.9, 2.8, 2.4, 2.3, 2.2
C. 3.8, 6.3, 8.6, 10.8, 12.9
D. 3.8, 2.5, 2.3, 2.2, 2.1
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Transcribed Image Text:Janice is performing dollar-unit- sampling in the audit of accounts receivable. Aria is 5%, the sample size is 60, and there are 4 overstatement deviations found in the sample. What would the incremental upper precision limits be for this sampling example? A. 4.9, 7.7, 10.1, 12.4, 14.6 B. 4.9, 2.8, 2.4, 2.3, 2.2 C. 3.8, 6.3, 8.6, 10.8, 12.9 D. 3.8, 2.5, 2.3, 2.2, 2.1
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