OIG Audit Results - Cattlemen's Beef Promotion and Research Board

The resulting sample design is indicated in the table below, which shows the universe size and
sample size for each stratum.
Results
No exceptions were found. Based on our sample results, we project there are no exceptions in
the universe from which the sample was drawn. There is a 5 percent risk that more than 10.6 of
the records contain an error; there is a 95 percent probability that fewer than 10.6 percent of the
records contain an error.
Criteria: Expenses In Compliance with Applicable Legislation
Beef board sampling – We used a stratified random sample of 48 financial transactions, with a
combined value of $1,657,995 for fiscal years 2008, 2009, and 2010. Our sampling process
allowed us to verify financial documentation for 48 financial transactions. All sampled invoices
were properly documented and in compliance with applicable legislation.
Stratum
Number of
transactions with
exceptions
Number of
sampled
Transactions
File identifier and thresholds
1 0 3 Greater than $100,000.
2 0 45 Greater than $10,000 and less than
$100,000.
Total 0 48
NCBA sampling – Stratum 1 was composed of 261 non travel (other 10) sampled transactions,
for a total of $5,110,753. Strata 2, 3, and 4 were composed of 63 travel sampled transactions, for
a total of $2,259,422. Our sampling process allowed us to verify financial documentation of
324 financial transactions, with a combined total of $7,370,176 for fiscal years 2008, 2009,
and 2010. All invoices were properly documented and approved.
Stratum
Number of
transactions with
exceptions
Number of
sampled
Transactions
File identifier and thresholds
1 0 261 NCBA Other 10
2 0 3 NCBA travel greater than
$100,000
3 0 45 NCBA travel greater than $10,000
and less than $100,000
4 0 15 NCBA travel greater than $300
and less than $10,000
Total 0 324
U.S. Meat Export Federation sampling – Stratum 1 Japan and stratum 2 Korea were selected, due
to the volume of financial transactions. Japan’s sampling consisted of 41 sampled transactions,
AUDIT REPORT 01099-0001-21 15