Question

In a monetary-unit sample with a sampling interval of $5,000, an auditor discovers that a selected account receivable with a recorded amount of $10,000 has an audit amount of $8,000. If this were the only error discovered by the auditor, the projected misstatement for this sample would be
A. $5,000.
B. $4,000.
C. $2,000.
D. $1,000.

Answer

This answer is hidden. It contains 101 characters.