In a School Survey, Students Showed These Preferences for Instructional

question 67

Multiple Choice

In a school survey, students showed these preferences for instructional materials. Answer the question.
-About how many students would you expect to prefer written materials in a school of 900 students?

• A)About 81 students
• B)About 324 students
• C)About 162 students
• D)About 9 students

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Definitions:

Periodic System

An inventory tracking system that updates inventory balances after a specific period, based on physical inventory counts.

First-In

Often used in the context of inventory management, "First-In" refers to goods that were acquired or produced first being sold, used, or disposed of first.

Average Cost

A method of inventory valuation that determines the cost of goods sold and ending inventory based on the average cost of all similar items in inventory.

Ending Inventory

The price of stock available for transaction at the termination of an accounting interval.