College X Is Concerned About Their Employees Making Use of Their

question 42

Multiple Choice

College X is concerned about their employees making use of their email for non-business purposes. You have been approached to assist in this matter. College X decides on a 99% confidence level and state that the estimation proportion must be within 2 percent of the population proportion. A pilot survey reveals that 8 out of 50 emails sampled were not for business purposes. How many emails should be surveyed to meet your requirements?

• A) 910
• B) 2,100
• C) 498
• D) 1,221
• E) 2,230

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Definitions:

Goodwill

An intangible asset that arises when a company acquires another business for more than the fair value of its net tangible and identifiable intangible assets.

Intangible Assets

Non-physical assets that represent a value to a company, such as patents, trademarks, copyrights, and goodwill.

Recoverable Amount

The recoverable amount is the higher of an asset's fair value less costs to sell and its value in use.

Carrying Amount

The book value of assets and liabilities recognized in a company's financial statements, calculated as the original cost minus any depreciation, amortization, or impairment costs.