The collection of all possible outcomes of an experiment is called:
A. a simple event.
B. a sample space.
C. a sample.
D. a population.
Analysis:
A. Incorrect. The collection of all possible outcomes of an experiment is called a sample space.
B. Correct. The collection of all possible outcomes of an experiment is called a sample space.
C. Incorrect. The collection of all possible outcomes of an experiment is called a sample space.
D. Incorrect. The collection of all possible outcomes of an experiment is called a sample space.
ANSWER : B
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The document used to record merchandise receipts is called a purchasing report
Indicate whether the statement is true or false
Degeare Corporation's balance sheet and income statement appear below:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets: Current assets: Cash and cash equivalents$35 $28 Accounts receivable 65 77 Inventory 47 40 Total current assets 147 145 Property, plant, and equipment 518 490 Less accumulated depreciation 233 213 Net property, plant, and equipment 285 277 Total assets$432 $422 Liabilities and stockholders' equity: Current liabilities: Accounts payable$61 $54 Accrued liabilities 15 16 Income taxes payable 36 35 Total current liabilities 112 105 Bonds payable 72 100 Total liabilities 184 205 Stockholders' equity: Common stock 82 80 Retained
earnings 166 137 Total stockholders' equity 248 217 Total liabilities and stockholders' equity$432 $422 Income Statement?Sales$590Cost of goods sold363Gross margin227Selling and administrative expense184Net operating income43Gain on sale of plant and equipment13Income before taxes56Income taxes17Net income$39Cash dividends were $10. The company sold equipment for $18 that was originally purchased for $10 and that had accumulated depreciation of $5. The net cash provided by (used in) operating activities for the year was: A. $76 B. $73 C. $43 D. $63
Which of the following is considered a secondary report in an MRP system?
A. Exceptions reports B. Engineering change reports C. Inventory record D. Firm orders from known customers E. Planned order schedule
The principal objective of capital budgeting is to
a. minimize the risks of the firm. b. maximize the value of the firm. c. maximize the assets of the firm. d. optimize the number of project requests.