Read the t statistic from the table of t distributions and circle the correct answer. A two-tailed test, a sample of 20 at a .20 level of significance; t = _____
a. 1.328
b. 2.539
c. 1.325
d. 2.528
a
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When two or more checks are presented to a bank for payment at the same time, and the depositor's account is insufficient to pay them all, the bank may
a. declare all the checks automatically void. b. pay the checks in any order until the funds in the depositor's account run out. c. declare all the checks stale checks. d. all of these.
Which of the following questions will facilitate channel selection?
a. Does our brand image, voice, and tone fit with the channel culture? b. What specific goals can be pursued here given the channel’s functionality? Do these goals relate to objectives in our strategic plan? c. Does the channel offer paid media options to ensure audience reach and the ability to target specific audience segments? d. A & B only. e. All of these.
Relative to insurance, when a payout arrangement is made in which one receives all benefits in a single payment, this is called a
A) cash payout. B) lump-sum option. C) single distribution plan. D) point plan. E) none of the above.
If a company changes the method it uses to compute the allowance for uncollectible accounts receivable because more recent information has become available, how is this change in method accounted for?
A. All of the other answers are correct ways to account for the change B. The change is only reported in the current period in which the change is made C. Previously issued financial statements are not adjusted by the change D. The change is reported in all future periods affected by the change