A student who has skipped many classes and not studied the course material was surprised to learn there was a test when he showed-up for class. The student's mental uncertainty about whether or not he will pass the test is called

A) objective risk.
B) objective probability.
C) subjective probability.
D) subjective risk.


Answer: D

Business

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Morton Corporation reported the following information for the year ended December 31, 2015: Net income $10,000 Dividends 6,000 Retained earnings at December 31, 2015 25,000 What was the balance of Morton's' retained earnings at January 1, 2015?

a. $21,000 b. $29,000 c. $31,000 d. $35,000

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What kinds of organization engages in marketing?

A. only Fortune 5,000 companies B. every organization regardless of the kind C. only the organization has a profit motivation D. only those that can afford to advertise E. only very large and established for-profit organizations

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Which of the following best describes the purpose of a BPMN collapsed sub-process?

A. Shows the interchange between two pools. B. Illustrates the process flow when an exception occurs. C. Depicts the sequence of activities in one pool. D. Contains a series of activities that are hidden from view.

Business

Integrating the promotion mix starts with suppliers

Indicate whether the statement is true or false

Business