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1. The auditors have sampled 40 accounts from a population of 250 accounts receivable. The...

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1. The auditors have sampled 40 accounts from a population of 250 accounts receivable. The sample items have a mean book value of $197 and a mean audited value of $201. The book value in the population is $49,000. What is the estimated total audited value of the population using the difference method? o $49,000. o $49,250. o O $50,000 o O $50,250

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