Read the z statistic from the normal distribution table and circle the correct answer. A one-tailed test (lower tail) at a .063 level of significance; z = _____

a. –1.86
b. –1.53
c. –1.96
d. –1.645


b

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Flying across the Pacific Ocean is an eight-hour trip that could be dreadful if you did not fly by Singapore Airlines. One frequent flyer between the United States and Japan noted the Singapore cabin crew gives the impression that it is truly their pleasure to serve the passengers. Seating has been designed to provide comfort in the airline's wide body planes. In first class, the seats are referred to as sky suites because they are so roomy. Every meal is carefully planned and served. The commitment to making the long flight as pleasant as possible indicates Singapore Airlines:

A. Does not use internal marketing B. Considers reliability more important than empathy C. Wants to increase the number of service encounters it has with a customer D. Has a service culture E. Does not rely on physical evidence

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Categories are ________ if each response fits into one and only one category code

A) dependent B) mutually inclusive C) collectively exhaustive D) mutually exclusive E) uniform

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Use this information to answer the following question. The selected accounts and balances for Keystone Market appear as follows: Advertising Expense $ 14,000 Common Stock 100,000 Dividends 21,000 Freight-In 7,000 Freight-Out Expense 10,000 Interest Income 24,000 Merchandise Inventory (Jan. 1) 70,000 Merchandise Inventory (Dec. 31) 56,000 Purchases 60,000 Purchases Returns and Allowances 4,000

Rent Expense 9,000 Retained Earnings 40,000 Sales 151,000 Sales Returns and Allowances 19,000 Wages Expense 32,000 Gross margin from sales would be a. $62,000. b. $55,000. c. $74,000. d. $68,000.

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If a vacation home is determined to be a personal/rental use residence, which of the following statements is correct?

A. All rental income is included in gross income. B. All rental related expenses that are deductible are classified as deductions from AGI. C. Expenses must be allocated between rental and personal use. D. Only a. and c. are correct. E. Choices a., b., and c. are correct.

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