The minimum efficient scale of production is high when fixed costs are low.

a. true
b. false


Answer: b. false

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In a vertical analysis of the income statement, the 100% amount is

a. Net income b. Gross profit c. Operating income d. Net sales

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Which kind of dividend is a return of the original investment by shareholders?

a. cash dividend b. stock dividend c. liquidating dividend d. scrip dividend

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Which of the following is a required condition for a discrete probability function?

A. f(x) 0 for all values of x
B. ?f(x) = 1 for all values of x
C. ?f(x) = 0 for all values of x
D. ?f(x) 1 for all values of x

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A license grants the contractual rights ________.

A. expressly described in the license along with the right to use information rights within the licensor's control that are necessary to perform the expressly described rights B. implied from the parties' behaviors C. generally recognized in the software industry D. as detailed in the bi-annual Uniform Grant of License Yearbook

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