THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 15

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
An auditor is faced with reviewing 1,098 invoices.From a random sample of 134 of these accounts,he found that the average amount was $548 with a standard deviation of $129.He also found that 42 out of the 134 in the sample were from out-of-state suppliers.
-Estimate the proportion of all invoices that are from out-of-state suppliers.

• A)0.649
• B)0.584
• C)0.313
• D)0.258

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Definitions:

Sense Of Responsibility

The feeling or belief that one is accountable for their actions or has an obligation to perform certain tasks.

Behaviors

The range of actions and mannerisms made by individuals, organisms, systems, or artificial entities in conjunction with their environment, which includes the other systems or organisms around as well as the physical environment.

Personally Disapprove

Personally Disapprove means to hold a negative opinion about something based on one's own beliefs or values.

Personally Approve

A process or action whereby an individual gives their direct and explicit approval or consent.