A Researcher Records the Number of Employees of Each of the IT

question 30

Multiple Choice

A researcher records the number of employees of each of the IT companies in the town of Westmoore. Theresults are summarized in the table. $$\begin{array} { c | c } \text { Number of Employees } & \text { Number of IT Companies } \\\hline 0 - 749 & 30 \\750 - 1499 & 24 \\1500 - 2249 & 6 \\2250 - 2999 & 5 \\3000 - 3749 & 5\end{array}$$ Find the class width.

• A) 750
• B) 3749
• C) 749.5
• D) 5

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Definitions:

Physical Count

A method used in inventory management to ensure the actual number of items in stock matches the recorded numbers by counting them manually.

Interest Payable

Interest payable is the amount of interest expense that has been incurred but not yet paid by a borrower as of a specific date.

Annual Interest

The total amount of interest paid or earned over a one-year period, commonly associated with loans, savings, and investments.

Adjusting Entry

A transaction recorded in accounting to revise account balances at the end of an accounting cycle.