Vale has decided to use PPS sampling in the audit of a client's accounts receivable balances. Vale plans to use the following PPS sampling table:

What sample size should Vale use?

a. 120

b. 108

c. 60

d. 30

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Reliability Factors of Overstatement Risk of incorrect acceptance Number of overstatements 1% 5% 10% 15% 20% 710 4.61 3.00 2.31 1.90 1.61 6.64 4.75 3.89 3.38 3.00 2 8.41 6.30 5.33 4.72 4.28 Additional information Tolerable misstatement $ 24,000 Risk of incorrect acceptance 5% Number of misstatements anticipated 0 Recorded amount of accounts receivable $240,000. Number of accounts 360