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

question 75

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%. Based on your answer to question 86,what is the allowance for sampling risk?

• A) 4.1 percent.
• B) 5 percent.
• C) 5.3 percent.
• D) 10 percent.

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Definitions:

Regulatory Sequence

is a segment of DNA where regulatory proteins bind to control gene expression by turning genes on or off.

Repressor

A protein that binds to specific DNA sequences to prevent the transcription of genetic information from DNA to messenger RNA.

Metastasis

Spread of cancer from the place of origin throughout the body; caused by the ability of cancer cells to migrate and invade tissues.

Malignant Tumors

Cancerous growths characterized by uncontrolled cell division with the ability to invade surrounding tissues and spread to other parts of the body.