Determining whether a reader might be resistant to your message, and why, helps you prepare a more persuasive message
Indicate whether the statement is true or false
True
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If the federal funds rate equals the primary credit discount rate, the Fed is likely to ____ securities in the open market, which will cause the federal funds rate to ____.
A. buy; increase B. buy; decrease C. sell; decrease D. sell; increase
A company forgot to record four adjustments during 2012. Which one of the following omissions of adjustments will understate assets?
A) Unearned revenue is not reduced for the portion that has been earned B) Interest on money loaned out has not yet been recorded C) Prepaid insurance is not reduced for the portion of the policy that has expired during the period D) Income taxes owed but not yet paid are ignored
Which estimating technique uses historical data from a similar project as a starting point for creating a time or cost estimate?
a. analogous estimating b. parametric estimating c. bottom-up estimating d. Monte Carlo estimating
What is the probability that there are exactly four calls during the next ten minutes?
A) 0.194 B) 0.172 C) 0.156 D) 0.134