A fair die is rolled 8 times. What is the probability that an even number (2, 4, or 6) will occur between 2 and 4 times?

A) .2188
B) .4922
C) .6016
D) .8204


Answer: C

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Land costing $140,000 was sold for $173,000 cash. The gain on the sale was reported on the income statement asother income. On the statement of cash flows, what amount should be reported as an investing activity from thesale of land?

a. $173,000 b. $140,000 c. $313,000 d. $33,000

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The reason why people are putting more funds in checking and savings account rather than in time deposits is that

A. checking and savings account accept fiat money, while time deposits do not. B. long-term interest rates have declined in recent years, relative to short term interest rates. C. liquidity of money held in checking and savings accounts is less than that of money held in time deposits. D. only a few banks accept time deposits, while most banks accept checking and savings accounts.

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Misrepresentation of law is a fraud that occurs when a person makes a statement of fact that he or she honestly and reasonably believes to be true even though it is not

Indicate whether the statement is true or false

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Which one of the following statements is true about demand management activities?

a. Demand management influences new product introductions and product portfolio planning. b. Demand management has high impact on compliance requirements. c. Demand management can reduce potential for ISO certification. d. Poor demand management increases the need for product quality.

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