If two events are mutually exclusive, what is the probability that both occur at the same time?
a. 0.00
b. 0.50
c. 1.00
d. Cannot be determined from the information given.
A
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Which of the following statements about quality costs is true?
A) Even in theory, external failure costs can never be reduced to zero. B) The less a company spends on prevention costs, the less they will have to spend on internal failure costs in the future. C) If a company produces and sells a defective product, external failure costs are likely to exceed all the other types of quality costs. D) A low level of internal failure costs usually indicates that more attention needs to be paid to prevention and appraisal costs.
By virtue of their organizational position, managers have the formal authority or power to give orders and approve or deny employee requests. This explains which type of power?
a. Personal legitimate power b. Personal referent power c. Organizational coercive power d. Organizational legitimate power
Last year Burch Corporation's cash account decreased by $15,000. Net cash provided by (used in) investing activities was $7000. Net cash provided by (used in) financing activities was $(12,000). On the statement of cash flows, the net cash provided by (used in) operating activities was:
A. $5000 B. $(10,000) C. $(15,000) D. $(20,000)
April put an advertisement in the newspaper advertising the sale of her computer for $500 . Simultaneously, six people responded to the ad by mail with formal written acceptances. April is bound on all six contracts to sell her computer for $500
a. True b. False Indicate whether the statement is true or false