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06-10-2022
Business

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an auditor inspects 25 transactions processed by the business office of a company. the auditor selects these transactions at random from the thousands that were processed in the most recent three months. in the past, the auditor has found 10% of transactions at this type of company to have been processed incorrectly (including such errors as wrong amount, incorrect budget code, incomplete records). determine whether the following statement is true or false. if the statement is false, explain why it is false.

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