Graham Company Uses a Periodic Inventory System

question 185

Multiple Choice

Graham Company uses a periodic inventory system. Details for the inventory account for the month of January, 2014 are as follows: An end of the month (1/31/14) inventory showed that 120 units were on hand. How many units did the company sell during January 2014?

• A) 80
• B) 120
• C) 200
• D) 280

---

Definitions:

Evolution by Natural Selection

A process where organisms better adapted to their environment tend to survive and produce more offspring, leading to the prevalence of beneficial traits in a population over generations.

Gene Frequency

The ratio of a particular allele to the total of all other alleles of the same gene in a given population.

Convergent Evolution

The process where organisms not closely related independently evolve similar traits as a result of having to adapt to similar environments or ecological niches.

Predator Mobbing

A behavior exhibited by some prey species wherein individuals collectively harass or confront a predator, often to protect offspring or to drive the predator away from the area.