TABLE 2- 3 Every Spring Semester, the School of Business Coordinates a Luncheon

question 177

Multiple Choice

TABLE 2- 3
Every spring semester, the School of Business coordinates a luncheon with local business leaders for graduating seniors, their families, and their friends. Corporate sponsorship pays for the lunches of each of the seniors, but students have to purchase tickets to cover the cost of lunches served to guests they bring with them. The following histogram represents the attendance at the senior luncheon, where X is the number of guests each student invited to the luncheon and f is the number of students in each category.

-Referring to the histogram from Table 2- 3, how many graduating seniors attended the luncheon?

• A) 388
• B) 4
• C) 275
• D) 152

---

Definitions:

Postage

The cost associated with sending letters and parcels through the postal system, typically paid by purchasing stamps or printed labels.

Entertainment

Activities or performances designed for the enjoyment, amusement, or relaxation of an audience, such as movies, music, or sports.

Petty Cash Fund

A small pool of funds held for the purpose of settling small, miscellaneous bills immediately.

Miscellaneous Expense

Minor and irregular costs that do not naturally fit into other designated categories of expenses in financial accounting.