Open-source software is developed by:

A) in-house developers.
B) employees of a particular company.
C) communities of interested people.
D) consultants.
E) application service providers.


C
Explanation: C) The open source movement is supported by a dedicated community of volunteer developers.

Business

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Examine other accounts of the successes of scenario analysis. [Note: In addition to the references cited already, see: Burt et al. (2006); chapter 14 of McGee, Thomas and Wilson (2005); Mercer (1998); Schoemaker (1995); Walsh (2005).]Are you persuaded or has hindsight been invoked in support of the claims made for this technique?

What will be an ideal response?

Business

What is the correlation coefficient between the following two investments?

Year Return A Return B 1 2% -3% 2 -6% 5% 3 4% -6% 4 -1% 2% 5 -9% 8% A) Positive B) Negative C) Zero D) Unable to determine without knowing the covariance

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Bob contributes cash of $40,000 and Carol contributes land with a basis of $25,000 and an FMV of $40,000 to become equal partners in the BC Partnership. The partnership immediately obtains a $30,000 mortgage on the land and the partners will share the economic risk of loss equally. What are the two partners' bases in the partnership after these transactions are completed?

What will be an ideal response?

Business

Answer the following statement(s) true (T) or false (F)

The traditional accounting equation is: Assets + Liabilities = Owners' Equity.

Business