The Internal Auditing Staff of a Local Manufacturing Company Performs

question 22

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 13 percent of the accounts are delinquent.For this quarter,the auditing staff randomly selected 250 customer accounts.What is the probability that no more than 40 accounts will be classified as delinquent?

• A)42.07 %
• B)92.07 %
• C)7.93 %
• D)40.15 %
• E)90.15%

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Definitions:

Outgroup

A social group toward which an individual feels opposition, rivalry, or hostility.

Ingroup

A social group to which a person psychologically identifies as being a member, influencing their social identity and attitudes towards outgroups.

Verbal Behavior

The aspect of human behavior that involves the expression of thoughts, feelings, and intentions through spoken or written language.

Social Scripts

Predetermined, stereotyped sequences of actions that help individuals know what to expect in social situations.