Which of the following is an example of a specific term qualifying general term?
A) Currency referred to as bank transfer
B) Pounds referred to as length
C) Bills referred to as papers
D) Dollars referred to as Australian dollars
D
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Which of the following statements is false regarding promissory notes?
a. They are sometimes used to extend past-due accounts. b. They can be resold to banks. c. They must be held by the maker until maturity. d. They are often received upon the sale of machinery and automobiles.
When an intangible asset becomes worthless,
a. it should remain on the books at its existing carrying value. b. its remaining carrying value should be written off immediately as a loss. c. prior years' accounting records should be adjusted retroactively. d. its remaining carrying value should be amortized over 20 years.
What are the three general categories of approach techniques? What is the relationship between the approach technique and the sales presentation method?
What will be an ideal response?
Assume that customer arrivals at a small cafe can be modeled by a Poisson distribution. The average arrival rate is 3 customers per hour. What is the probability of 2 or fewer arrivals in the next hour (to three decimal places)?
a. Cannot be determined from the information given b. 0.152 c. 0.224 d. 0.423