acct644

profiletigger04

Calculate the required sample size using the following formula:

  • Sample size = (book value of population / tolerable misstatement) x assurance factor
    • Assurance factor:
      • 5% ARIA = 3
      • 10% ARIA = 2
      • 20% ARIA = 1
    • 11 years ago
    • 20
    Answer(1)

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    • attachment
      sample_size.xlsx