Determine monetary unit sampling (MUS)decision using 7 steps rule from the followingdata:CUSTOMERRECORDEDAUDITEDNO.ITEMITEMVALUEVALUE134356436755345522886,10012,0004,45022,9952,947* ARIA of 5%, Sample size of 100, Recordedpopulation value 3,000,000 and Tolerable6,20012,9104,32223,0008,947Misstatement 60,000.

Answered: etermine monetary unit sar decision…

etermine monetary unit sar decision using 7 steps rule fro data: CUSTOMERRECORDEDAUDI NO. ITEM VALUE ITEM VALUE 1343 5643 6,200 12,910 6,100 12,00

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Estimation

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Question

Determine monetary unit sampling (MUS)
decision using 7 steps rule from the following
data:
CUSTOMERRECORDEDAUDITED
NO.
ITEM
ITEM
VALUE
VALUE
1343
5643
6755
3455
2288
6,100
12,000
4,450
22,995
2,947
* ARIA of 5%, Sample size of 100, Recorded
population value 3,000,000 and Tolerable
6,200
12,910
4,322
23,000
8,947
Misstatement 60,000.

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