In a binomial experiment the probability of success is 0.06 . What is the probability of two successes in seven trials?

a. 0.0036
b. 0.0600
c. 0.0555
d. 0.2800


C

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Manufacturing flexibility refers to all of the following except?

a. Create different product types b. Efficiently dispose of damaged WIP c. Change the order in how processes are operated d. Change process capacities

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The sale of real estate involves a transfer of ownership with no specific warranties¾if there are warranties, the transfer is not a sale.

Answer the following statement true (T) or false (F)

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The common objective of borrowing and lending is to ________

A) make all parties better off B) gain a profit at the other's expense C) make a firm or individual appear more liquid than is really the case D) thwart regulatory authority

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Consider the following accounts:DividendsInsurance ExpenseCashService RevenueHow many of these accounts are increased with credits?

A. One. B. Two. C. Three. D. Four.

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