Problem

Rome, CPA, is examining the internal control of Smack, Inc. Rome has established a risk of...

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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