Which of the following is a claims exchange transaction?
A. Issued a note to purchase equipment
B. Paid interest on a note payable
C. Accrual of interest on a note payable
D. Repaid principal on a note payable
Answer: C
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Horizontal price fixing occurs when:
A) A manufacturer requires its independent dealers to sell its products at a given price. B) One or more companies charge the same prices for goods at all their stores for an unreasonable length of time. C) A company with the entire market on a patented product sells the product at a fixed price. D) Prices are determined with reference to an index, such as the average price of crude oil, which neither the seller nor a purchaser can control. E) Two or more competing companies agree on the prices to charge for their products.
Identify and explain five of the business trends over the next five years. How will these trends affect YOU? Be specific.
What will be an ideal response?
When the assumption of equally likely outcomes is used to assign probability values, the method used to assign probabilities is referred to as the
a. relative frequency method b. subjective method c. probability method d. classical method
We are interested in testing to see if the variance of a population is less than 7 . The correct null hypothesis is _____
a. ? < 7 b. ?2 ? 49 c. s < 49 d. s > 49