According to the _____, the sum of independent random variables can be approximated by a normal probability distribution
a. what-if analysis
b. central limit theorem
c. simulation optimization approach
d. discrete-event simulation method
B
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When a new partner is admitted to a partnership, there should be a(n)
a. revaluation of assets b. realization of assets c. allocation of assets d. return of assets
An alternative under consideration involves incurring $50 in costs to generate $60 in revenue. The differential revenue for this alternative is $10.
Answer the following statement true (T) or false (F)
When creditors provide funds to a firm, which of the following is/are true?
a. The firm must repay, usually with interest, in specific amounts at specific dates. b. Long-term creditors require repayment from the borrower over a period of time that exceeds one year. c. One common form of long-term financing is bonds. d. Suppliers of raw materials or merchandise that do not require payment for 30 days provide short-term funds. e. All of the above are true.
I make moral decisions based on my views of what a good society should be like. This good society means I support the values of society like fair procedures for changing laws while recognizing that groups differ and we should agree on these laws. Which stages are in the post-conventional level?
A. maintaining the social order B. interpersonal accord and conformity C. social contract and individual rights D. individualism and exchange