If A and B are independent events with P(A) = 0.2 and P(B) = 0.6, then P(A ? B) =
a. 0.62
b. 0.12
c. 0.60
d. 0.68
D
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Which one of the following procedures is incorrect for setting up and maintaining a petty cash fund?
a. A check is prepared for a fixed amount; when the check is cashed, the money is entrusted to a petty cash custodian. b. An entry is recorded to establish the fund and obtain the cash. c. When appropriate documentation is presented, cash payments are made from the fund; the petty cash custodian retains the documentation. d. When the petty cash fund is replenished, an entry is recorded to recognize an increase in the petty cash account.
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a. true b. false
Which statement concerning the ease of entry into retailing is correct?
a. Ease of entry generates a high degree of competition. b. Investment per worker in retailing is significantly greater than that of manufacturing establishments. c. Ease of entry is reflected in high market shares for leading firms. d. Ease of entry into retailing contributes to the need for effective stockholder relations.
Courts of law use four factors as a test in deciding disputes over fair use of copyrighted material. Which of the following is not one of those factors?
A) Purpose and character of the use, particularly whether for profit B) Amount and sustainability of portion used C) Amount of money paid to use the copyrighted information D) Nature of the copyrighted use