Excel's standard functions, along with the RAND function, can be used to generate random numbers from many different types of probability distributions

a. True
b. False
Indicate whether the statement is true or false


True

Business

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A salesperson who provides a client with money-saving products and problem-solving ideas is serving the role of:

A. acquaintance. B. adversary. C. adviser. D. negotiator. E. friend.

Business

For strong internal control system over cash, it is important to have the duties related to cash receipts and cash payments divided among different employees

Indicate whether the statement is true or false

Business

A country experiencing a serious trade deficit is not as likely to expand imports as it would be if running a surplus

Indicate whether the statement is true or false.

Business

Mark is an engineer who has designed a telecommunications device. He is convinced that there is a big potential market for the device. Accordingly, he has decided to quit his present job and start a company to manufacture and market the device.The cost of the raw materials that will be used in manufacturing the computer board is:

A. a sunk cost B. a period cost C. a variable cost D. a fixed cost

Business