When testing for the difference between two population variances with sample sizes of n1 = 8 and n2 = 10, the degrees of freedom are:

a. 8 and 10
b. 7 and 9
c. 2 and 18
d. 18 and 2


B

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A _____ is a situation in which additions to an economy's monetary base do not lead to an increase in the economy's money supply or decline in the interest rate.

A. liquidity trap B. recession C. financial crisis D. credit crunch

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The following set of items describes activities completed by a company in collecting cash for merchandise sales. For each activity, identify whether or not the activity adheres to or violates sound internal control procedures. Cash register tapes are picked up daily by an employee from the accounting department

a. Adheres to sound internal control procedures b. Violates sound internal control procedures c. Neither strengthens nor violates internal control

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Which of the following statements is true regarding a convenience sample?

A) It is time consuming and is usually selected due to scientific reasons. B) It is also known as random sample. C) Some members of the population have a zero probability of being chosen. D) In convenience sampling, the customers can self-select to return a survey.

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Your boss, Ty Jacob, has asked you to analyze the music industry using Porter's five forces model. Which of the following represents buyer power in the music industry?

A. Established record labels like EMI, Sony, Universal. B. Game systems like Wii, social networks like Facebook. C. Independent record labels. D. Walmart, Target, iTunes.

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