The probability of obtaining specific outcomes in a Bernoulli process is described by the binomial probability distribution

Indicate whether the statement is true or false


TRUE

Business

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No special internal control procedures are necessary with a petty cash account because the amount is usually so small

a. True b. False Indicate whether the statement is true or false

Business

According to the mainstream economics school of thought, employees exercise voice in the employment relationship by:

A. Banding together to hold discussions with the employer. B. Hiring attorneys. C. Forming employee involvement groups. D. Exiting and entering into employment arrangements.

Business

Advertising for state lotteries overstated the odds of winning. This is an example of

a. relying too heavily on advertising b. advertising goals that are unrealistic c. the ethical implications of advertising d. influencing changes in behavior e. advertising objectives not being in the reach of the agency

Business

When an organization is giving its own sales people, or other agents, additional money to sell a particular product it is utilizing the technique of push money. Another term for push money is:

a. rebate b. sales contest c. premium d. trade allowance e. bribery

Business