You are planning to use monetary unit sampling (MUS)to evaluate Violet Company's accounts receivable.The accounts receivable account totals $3,000,000.You have assessed a risk of incorrect acceptance of 5 percent,a tolerable misstatement of $120,000,and an expected error of $24,000.
a.Calculate the sample size and sampling interval.
b.Regardless of your answer to (a),use a sample size of 125 and the related sampling interval and calculate the upper limit on misstatement,assuming that you found the following differences. 
Definitions:
External Motivation
The drive to perform an action or behavior due to external rewards or pressures.
Stereotypes
Overgeneralized beliefs about a particular category of people, assuming that all members of that category share the same characteristics.
Stereotype Threat
The risk of confirming negative stereotypes about one's group, which can impair performance in areas such as academics or sports.
Racial Differences
Refers to the distinctions in physical traits and cultural practices among people that are often grouped based on their race.
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