​If the Following Seven Scores Are Ranked from Smallest to Largest,then

question 7

Multiple Choice

​If the following seven scores are ranked from smallest to largest,then what rank should be assigned to a score of X = 6?Scores: 1,1,3,6,6,6,9

• A)3​
• B)​4
• C)​5
• D)​6

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Definitions:

Normal Credit Balances

Accounts on a company's balance sheet that are expected to have credit balances, such as liabilities, equity, and revenue.

Periodic Inventory System

An inventory accounting system where updates are made on a periodic basis, typically at the end of an accounting period, rather than continuously.

Perpetual Inventory System

An inventory management method where records of inventory quantities are updated on a continuous basis as sales and purchases are made.

Statement Of Income

A financial document that outlines a company's revenues, expenses, and net income over a specific period, providing insight into financial performance.