SCENARIO 15-1
a Local Newspaper Has 10 Delivery Boys Who

question 46

Multiple Choice

SCENARIO 15-1
A local newspaper has 10 delivery boys who each deliver the morning paper to 50 customers every day.The owner decides to record the number of papers delivered on time for a 10-day period for one of the delivery boys and construct a p chart to see whether the percentage is too erratic. $$\begin{array} { c c } \text { Day } & \begin{array} { c } \text { Number of Papers } \\\text { DeliveredonTime }\end{array} \\\hline 1 & 46 \\2 & 45 \\3 & 46 \\4 & 45 \\5 & 43 \\6 & 48 \\7 & 46 \\8 & 49 \\9 & 48 \\10 & 47\end{array}$$
-Referring to SCENARIO 15-1, what is the numerical value of the upper control limit for the pchart?

• A)0.926
• B)0.961
• C)0.979
• D)1.037

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Definitions:

Land Account

An account in the financial statements that tracks the cost of land owned by a company.

Depletion Charge

A depletion charge is an accounting technique used to allocate the cost of extracting natural resources from the Earth over the period those resources are consumed.

Depreciation Expense

The distribution of a physical asset's cost across its lifespan, mirroring its depreciation over time.

Journal Entries

Records of financial transactions in an accounting system, indicating the accounts and amounts affected.