The following data was collected from a simple random sample of a population.
1317182123The point estimate of the population mean

A. cannot be determined, since the population size is unknown.
B. is 18.4.
C. is 18.
D. is 92.


Answer: B

Business

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Managerial accounting focuses on internal decision making

Indicate whether the statement is true or false

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Ruth is a supervisor for Subs & Suds, a restaurant. Tim is a Subs employee. The owner announces that some em-ployees will be discharged. Ruth tells Tim that if he has sex with her, he can keep his job. This is

a. harassment on the basis of sexual orientation. b. not harassment. c. quid pro quoharassment. d. same-gender harassment.

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?____ and ____ are the normal income statement designations for profit and loss for a business.

A. ?Cash surplus; cash deficit B. ?Income overage; income deficit C. ?Surplus; deficit D. ?Gain; loss

Business

A form of strict liability applies to all of the following situations except:

A) a lawnmower sold in a defective condition that injures its owner. B) a fireworks factory that blows up and injures townspeople and their property. C) a medical procedure. D) a herd of goats that travel onto a neighbor's property, eating and trampling the neighbor's roses.

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