Instruction 2-4
a Survey Was Conducted to Determine How People

question 41

Multiple Choice

Instruction 2-4
A survey was conducted to determine how people rated the quality of programming available on television.Respondents were asked to rate the overall quality from 0 (no quality at all) to 100 (extremely good quality) .The stem-and-leaf display of the data is shown below.
$\begin{array} { l l } \text { Stem } & \text { Leaves } \\\hline 3 & 24 \\4 & 03478999 \\5 & 0112345 \\6 & 12566 \\7 & 01 \\8 & \\9 & 2\end{array}$
-Referring to Instruction 2-4,what percentage of the respondents rated overall television quality with a rating between 50 and 75 (inclusive) ?

• A)40
• B)44
• C)11
• D)56

---

Definitions:

Allowance Method

An accounting technique used to account for bad debts, where estimated uncollectible accounts are matched against revenues in the same accounting period.

Lower of Cost

An accounting principle that values inventory at the lesser of its historical cost or the current market price to prevent overstating the value of assets.

Allowance Method

An accounting method that estimates and records bad debts expense by anticipating which accounts receivable will be uncollectible.

Direct Method

A way of presenting cash flows from operating activities by listing major classes of gross cash receipts and payments.