accounts receivable balances. Hill plans to use the following MUS sampling table: Confidence Factors for Overstatements Number of Risk overstatements 1% of Incorect Acceptance 5% 10% 15% 20% 4.61 3.00 23 1.90 1.61 6.64 4.75 3.89 3.38 3.00 8.41 6.30 5.33 4.72 4.28 10.05 7.76 6.69 6.02 5.52 11.61 9.16 8.00 7.27 6.73 Additional Information Tolerable misstatement (net of effect of expected misstatement) Risk of incorrect acceptance Number of overstatements allowed Recorded amount of accounts receivable Number of accounts $24,000 20% $240,000 360 What sample size should Hill use? A. 30 B. 60 . 120 D. 108 Directions: Select the best answer Previous Next- Review Items Mark 8 3 4