A stock has a standard deviation of daily returns of 3 percent. It wants to determine the lower boundary of its probability distribution of returns, based on 1.65 standard deviations from the expected outcome. The stock's expected daily return is .1 percent. The lower boundary is
a. -1.65 percent.
b. -3.00 percent
c. -4.85 percent.
d. -5.05 percent.
c
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All of the following methods may be used to account for the revenue from scrap sales except:
a. Credit Factory Overhead, if the scrap cannot be identified with a specific job. b. Credit Materials, if the scrap would have been able to be recycled. c. Credit Work in Process, if the scrap is identified with a specific job. d. Credit Scrap Revenue, which is included in the "Other Income" section of the income statement.
Emily has recently learned that she needs to reduce the duration of her project to meet an imposed deadline. She has calculated the crash cost per unit and knows the maximum units each activity can be reduced. What is the next step?
A. Calculate the crash point B. Identify the critical path C. Find the activity with the highest crash cost D. Calculate the optimum cost-time point E. Find the activity with the lowest crash cost
Ryan sends Michael a letter of intent for the purchase of a tract of land. The letter of intent outlines the purchase price, the legal description, and the financing terms. A paragraph is included that states this is a non-binding agreement, and is an offer to enter into negotiations.
a. The letter of intent is an expression of opinion and does not indicate an intention to enter into a binding agreement. b. The letter of intent is an invitation to negotiate, which is not an offer. c. The letter of intent is an offer that may be accepted by Michael. d. The letter of intent is a statement of a future intent, which is not an offer.
Which of the following statements is most likely to be true of administrative agencies? ? A) Administrative agencies have the power to implement laws
B) Administrative agencies are set up by the judicial branch of the government. C) The heads of federal administrative agencies are appointed by the Supreme Court. D) Administrative agencies do not have the authority to decide cases.