The effect of one factor in a factorial ANOVA is called the _______.
a.Interaction effect
b.Main effect
c.Differential effect
d.Experimental effect
ANS:B
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In describing activities and achievements on your résumé, you should
A) use only mild exaggerations. B) include only what makes you a more attractive job candidate. C) use significant amounts of jargon and technical terms. D) leave out any awards you've won unless they are specifically relevant to your current career objective. E) omit any volunteer activities.
Which of the following statements is true of the Federal Trade Commission Act (FTC Act)?
A) It can sue only in state courts to obtain compensation on behalf of consumers. B) It usually cannot enforce a cease-and-desist order in any case of violation. C) Section 5 of the FTC Act excludes monitoring of firms indulging in any consumer malpractice. D) It has been used extensively to regulate business conduct.
Match each term with the correct statement below.
a. cash reserve b. authorized stock c. dividends d. float e. trade agreement f. floor planning g. leverage h. venture capital 1. An agreement that is sometimes used in the automobile industry by which the borrower assigns the title to the inventory to the bank as collateral for a short-term loan 2. Use of long-term debt to raise needed cash 3. Funds that are provided to new, small, or struggling firms in return for partial ownership in the business 4. All the shares of stock that can be sold at any time 5. Distributed earnings 6. Money that has not yet been withdrawn from the company’s checking account even though the checks have been written
Which of the following is true of a completed worksheet?
A) The total debits in the unadjusted trial balance column equal the total debits in the adjusted trial balance column. B) The total debits in the income statement column equal the total credits in the balance sheet column. C) The total debits in the income statement column equal the total debits in the balance sheet column. D) The total of all the debit columns is equal to the total of all the credit columns.