College X Is Concerned About Their Employees Making Use of Their

question 49

Multiple Choice

College X is concerned about their employees making use of their email for non-business purposes. You have been approached to assist in this matter. College X decides on a 90% confidence level and state that the estimation proportion must be within 2 percent of the population proportion. A pilot survey reveals that 8 out of 50 emails sampled were not for business purposes. How many emails should be surveyed to meet your requirements?

• A) 910
• B) 707
• C) 498
• D) 1,221
• E) 1,000

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Definitions:

Trial Balance

A bookkeeping worksheet where the balances of all ledgers are compiled into debit and credit account columns to check for accuracy.

Journalizing

The act of entering business transactions into the accounting journal in a systematic manner.

Trial Balance

A trial balance is a bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.

Slide

An error in accounting that occurs when a number is incorrectly transferred from one document to another, missing or adding a digit.