The Internal Auditing Staff of a Local Manufacturing Company Performs

question 44

Multiple Choice

The internal auditing staff of a local manufacturing company performs a sample audit each quarter to estimate the proportion of accounts that are delinquent more than 90 days overdue.The historical records of the company show that over the past 8 years 14 percent of the accounts are delinquent.For this quarter,the auditing staff randomly selected 250 customer accounts.What is the probability that at least 30 accounts will be classified as delinquent?

• A)31.86 %
• B)18.14 %
• C)81.86 %
• D)63.72 %
• E)75.84 %

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Definitions:

Race

refers to the categorization of humans based on shared physical or social qualities into groups generally viewed as distinct by society, often influencing individuals' social and economic experiences.

Native Americans

The indigenous peoples of the United States, including both American Indian and Alaska Native groups.

Heterogeneous Cultures

Cultures composed of diverse and varied elements, including different traditions, languages, practices, and beliefs, contributing to a rich and multifaceted society.

Panethnicity

A term that groups together various ethnic identities under a single category, often for political or social reasons.