John Thurgood founded a company that translates Chinese books into English. His company is currently testing a computer-based translation service
Since Chinese symbols are difficult to translate, John assumes the computer program will make some errors, but then so do human translators. The computer error rate is supposed to be an average of 3 per 400 words of translation. Suppose John randomly selects a 1,200-word passage. Assuming that the Poisson distribution applies, if the computer error rate is actually 3 errors per 400 words, determine the probability that no errors will be found.A) 0.0001
B) 0.0141
C) 0.0415
D) 0.4557
A
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A subscription for 4,000 shares of $10 par value common stock was accepted. Upon receipt of the balance owed on the stock subscription, a stock certificate was issued to the subscriber. The journal entry to issue the stock certificate would include a debit to
a. Common Stock, $40,000. b. Common Stock, $20,000. c. Common Stock Subscribed, $40,000. d. Common Stock Subscribed, $20,000.
A hit is the mention of a company's name in a news story
Indicate whether the statement is true or false
Streaming media represents a huge market opportunity for all of the following except:
A) video game industry. B) online gaming. C) game publishers. D) Internet portals. E) telematics.
Under the IMA's standards of ethical practice, an accounting professional can consider informing authorities or individuals not employed by the organization when an ethical dilemma occurs about an accounting or financial reporting matter that remains unresolved if he/she:
A. Informs the external auditors who tell him/her to inform the appropriate authorities B. Believes there has been an ethical violation C. Believes there is a clear violation of the law D. Contacts his/her immediate superior who says to forget about the matter