If P(A and B) = 1, then A and B must be collectively exhaustive.

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


True

Business

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MGC Inc organizes a company-wide picnic once a year. The organizers arranged for the best possible menu thinking that food would be a priority, but the staff were disappointed because the activities were very poorly planned

What kind of a gap is apparent here? A) gap between perceived service and expected service B) gap between service delivery and external communications C) gap between service-quality specifications and service delivery D) gap between management perception and service-quality specification E) gap between consumer expectation and management perception

Business

Significance testing involves testing the significance of the overall regression equation as well as specific partial regression coefficients

Indicate whether the statement is true or false

Business

Adam, Bill, and Charlie are partners. The profit and loss sharing rule between them is 2:5:3, with Bill getting the largest share and Adam receiving the smallest. The partnership incurs a net loss of $21,000. While closing the Income Summary ________. (Do not round any intermediate calculations.)

A) Income Summary will be credited for $6300 B) Adam, Capital will be debited for $6300 C) Adam, Capital will be credited for $6300 D) Charlie, Capital will be debited for $6300

Business

Bree went into her performance appraisal interview expecting to hear what a great performer she was and that she was getting a promotion. Instead, her manager pointed out some important areas in which Bree needed to improve if she wanted to continue to advance in the organization. As a result, Bree plans to focus on those areas of improvement in hopes of getting the promotion next year. This is an example of the ______ reason for conducting performance appraisals.

A. communication B. decision-making C. motivation D. development

Business