In assigning random numbers to probabilistic events in a simulation:

A) several events are associated with the same random number.
B) every random number is associated with a particular event.
C) every event is associated with the same random number.
D) the events dictate the seed number of the random number stream.


Answer: B

Business

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A. Cognitive ability B. Work sample C. Simulation D. Selection

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________ is liability without fault.

A. Res ipsa loquitur B. Negligence per se C. Proximate cause D. Strict liability

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Which of the following is an example of postpurchase communication?

a. An airline hires an actor to film a series of commercials touting the airline's service. b. An insurance company designs a new "umbrella" logo to indicate that its customers are well protected. c. A tax return preparer offers a 20% discount for any customers who use the service in January. d. A hotel sends an email survey to its guests a week after their stay, asking them to comment on the quality of the service they received.

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A managerial accounting report that presents predicted amounts of the company's revenues and expenses for the budget period is called a:

A. Budgeted income statement. B. Budgeted balance sheet. C. Rolling income statement. D. Continuous profit statement. E. Master plan.

Business