For each of the sampling results 1 through 6, recommend the appropriate response(s) from the options listed below. Explain the reason for your decision.
Assume you performed sampling for an accounts receivable population with a recorded population amount of $2,000,000. Tolerable misstatement is set at $100,000 for the test, and there are no individually significant accounts greater than M$100,000. Several different sampling results for this population are presented below; the upper bound is the projected misstatement plus an allowance […]