An Apple Juice Producer Buys All His Apples from a Conglomerate

question 147

Multiple Choice

An apple juice producer buys all his apples from a conglomerate of apple growers in one northwest state.The amount of juice squeezed from each of these apples is approximately normally distributed with a mean of 2.25 ounces and a standard deviation of 0.15 ounce. What is the probability that a randomly selected apple will contain more that 2.50 ounces?

• A).9525
• B).4525
• C).0475
• D).5474

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Definitions:

Internal Controls

Processes and procedures implemented by a business to safeguard its assets, enhance the reliability of its accounting records, ensure compliance with laws, and promote efficient operations.

Accounting System

A structured process of recording, summarizing, and analyzing an organization's financial transactions.

Chart of Accounts

A systematic list of all account titles and numbers being used by an organization to organize its financial transactions and prepare financial statements.

Beach Hut

A small, often simplistic shelter or dwelling located by the beach, typically used for recreational purposes.