Use the Following Table to Answer the Question(s) Below

question 2

Multiple Choice

Use the following table to answer the question(s) below.

-A producer of contact lenses regularly takes samples of 100 lenses and inspects them for scratches. If a lens has a single scratch, it cannot be sold. The results of 10 samples are shown below: What sample is out of control?

• A) 2
• B) 4
• C) 6
• D) 8
• E) none of the samples are out of control

Gain knowledge in analyzing and recording contingent liabilities related to environmental spills and litigation.

Understand methods to calculate and record employer's payroll taxes based on different scenarios.

Learn how to journalize adjusting entries for accrual-based expenses such as pension costs, employee benefits, and vacation pay.

Develop an understanding of the quick ratio and its implications for a company's liquidity.