Which of the following is not a proper sample space when all undergraduates at a university are considered?

a. S = {in-state, out-of-state}
b. S = {freshmen, sophomores}
c. S = {age under 21, age 21 or over}
d. S = {a major within business, no business major}


b

Business

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Which of the following best describes how a deed of trust works?

A) The borrower gives a deed to the lender to hold until the borrower satisfies the debt. B) When a party borrows money to purchase property, the seller holds the deed until the debt is paid off, at which point it will be conveyed to the borrower. C) The state gives a deed to the lender to hold until the borrower satisfies the debt. D) The borrower conveys a deed to a third party who holds legal title until the debt is paid off or the borrower defaults. E) When a trust is the owner of real property, a special type of deed is required.

Business

Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:  MoldingFinishingTotalEstimated total machine-hours (MHs) 4,000 1,000 5,000Estimated total fixed manufacturing overhead cost$19,600$2,400$22,000Estimated variable manufacturing overhead cost per MH$1.10$2.10   During the most recent month, the company started and completed two jobs--Job A and Job M. There were no beginning inventories. Data concerning those two jobs follow:  Job AJob MDirect materials$13,600$7,500Direct labor cost$20,700$7,400Molding machine-hours 2,700 1,300Finishing machine-hours 400 600 Assume that the company uses a plantwide predetermined manufacturing overhead rate

based on machine-hours. The total manufacturing cost assigned to Job M is closest to: A. $10,830 B. $25,730 C. $7,500 D. $7,400

Business

Define “escalation of commitment.”

What will be an ideal response?

Business

A ________ order is an order to execute a transaction to buy or sell a stock only if the price is within the range specified

A) limit B) stock C) market D) written

Business