Markov processes use historical probabilities

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


True

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Which of the following is a standard–setting body whose mission is "to establish and improve standards of financial accounting and reporting for the guidance and education of the public, including issuers, auditors, and users of financial information."?

a. Financial Accounting Standards Board b. American Institute of Certified Public Accountants c. International Accounting Standards Board d. International Financial Reporting Standards

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Which of the following can be exchanged for cash by merely having possession of the instrument?

A) a certificate of deposit B) an allonge C) an order instrument D) a bearer instrument

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What is the best advice for assessing the credibility of a Web page?

A) Review the Web page for accuracy in facts, spelling, grammar, usage, references, and external links. B) Determine the publishers or sponsors of the Web page to verify their credentials. C) Evaluate the overall content of a Web page and see how it compares with other resources on the same topic. D) Perform all these tasks when assessing the credibility of a Web page.

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Which of the following is not true of the U.S. demographics?

a. More than half of the U.S. workforce consists of women and minorities. b. By 2025, Hispanics are estimated to be 21% of the population. c. By 2025, the Hispanic population of the U.S. will grow to 20.35 % of the total population. d. By 2050, the average age will be close to 40, as opposed to under 35 in 2000.

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