Rome,CPA,is Examining the Internal Control of Smack,Inc

question 52

Multiple Choice

Rome,CPA,is examining the internal control of Smack,Inc.Rome has established a risk of overreliance of 10%,an expected population deviation rate of 1%,and a tolerable rate of deviation of 5%. What is the appropriate sample size that would be examined by Rome?

• A) 46
• B) 38
• C) 77
• D) 93

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Definitions:

Truman Doctrine

President Harry S. Truman’s program announced in 1947 of aid to European countries—particularly Greece and Turkey—threatened by communism.

Cold War

A period of geopolitical tension between the Soviet Union and the United States from the late 1940s to 1991, marked by espionage, political rivalry, and the threat of nuclear warfare.

Freedom Train

A seven-car exhibit train that toured the United States from 1947 to 1949 to promote American history and ideals.

Marshall Plan

U.S. program for the reconstruction of post–World War Ⅱ Europe through massive aid to former enemy nations as well as allies; proposed by General George C. Marshall in 1947.