The True Proportion of Accounts Receivable with Some Kind of Error

question 44

Multiple Choice

The true proportion of accounts receivable with some kind of error is .02 for Venal Enterprises. If an auditor randomly samples 200 accounts receivable, what is the approximate Poisson probability that fewer than two will contain errors?

• A).1038
• B).0916
• C).1465
• D).0015

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Definitions:

Usage Rate

The quantity consumed or patronage (store visits) during a specific period. Frequency marketing focuses on usage rate.

Behavioral Segmentation

The process of dividing a market into groups based on consumer behaviors, such as purchasing habits or loyalty.

Product Features

The attributes or characteristics that make up a product, distinguishing it from others in the market.

User Status

The classification of users based on their engagement level, experience, or purchase history with a service or product.