A decision tree is
A) a graphic device used to evaluate decisions under certainty.
B) a graphic device used to evaluate decisions under uncertainty.
C) a tabular device used to evaluate decisions under certainty.
D) a tabular device used to evaluate decisions under uncertainty.
Answer: B
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The practical difference between the remedies for misrepresentation and fraud is that:
A. a victim of fraud can sue for punitive damages as well as for damages from the tort of deceit. B. a victim of misrepresentation cannot rescind the contract. C. a victim of misrepresentation can sue for punitive damages, whereas a victim of fraud cannot. D. a victim of fraud cannot sue for punitive damages.
Which of the following is a product cost?
a. customer service b. supervisory factory labor c. depreciation on sales showroom d. marketing vice president's salary e. advertising costs
At the time that Kirby Company issued a 2-for-1 stock split, the company had 5,000 shares of $6 par value common stock outstanding. Stockholders' equity also contained $15,000 of additional paid-in capital and $22,000 of retained earnings. Immediately after the stock split the:
A. number of outstanding shares of common stock would be 2,500. B. balance in the common stock account would amount to $30,000. C. balance in the retained earnings account would amount to $11,000. D. amount of paid-in capital in excess of par-common would be equal to $150,000.
Which of the following is not a reason for the explosive growth of the WWW?
A. Basic web pages are easy to create and extremely flexible. B. Digital Darwinism. C. The speed, convenience, and low cost of email. D. The microcomputer revolution made it possible for an average person to own a computer.