which of the following is found by dividing the amount of misstatement noted in a logical unit by the recorded amount of that logical unit? multiple choice tainting percentage. sampling interval. projected misstatement. sample size.



Answer :

Tainting percentage is found by dividing the amount of misstatement noted in a logical unit by the recorded amount of that logical unit.

Sampling is the process of choosing a small number of objects from a big set of items to assist researchers and auditors who need to check a broader population. To get fair findings, a sample chosen must accurately reflect the entire population.

In PPS sampling, the amount of misstatement is a percent of the sample item's book value. The tainting percentage is calculated individually for each sampled item.

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