The t-test for independent samples assumes which of the following?
a.There was a pre- and post-test.
b.Scores are independent.
c.Scores are related.
d.Mean scores are equal.
ANS:B
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Suppose that Lenny Lawyer enters into an agreement with Cindy Client that his fee will be a percentage of the recovery Lenny obtains for Cindy in her pending divorce. State law makes such a contingency fee arrangement illegal in divorce actions. What will be the probable outcome if Lenny attempts to enforce the agreement?
a. The contract will be valid. Cindy would not have been able to afford an attorney otherwise and therefore Lenny was doing a public service. b. The contract will be voidable at Cindy's option. c. The contract will be void as violating a statute. Lenny will not be able to recover anything. d. The contract will be unenforceable if Lenny did not get the agreement in writing.
Allen was recently placed in a different job at his firm. His duties, responsibilities, status, and remuneration are approximately equal to those of his previous job. Allen just went through
A. a promotion. B. a transfer. C. relocation. D. job rotation.
Joseph Company purchased a delivery van on January 1, Year 1 for $35,000. The van is estimated to have a 5-year useful life and a $5,000 salvage value. How much expense should Joseph recognize in Year 1 related to the use of the van?
A. $6,000 B. $5,000 C. $7,000 D. $30,000
Certified Auto Parts Company uses the indirect method to prepare its statement of cash flows
Refer to the following information for 2017: Net cash provided by operating activities: $109,000 Net cash used for investing activities: $(114,500 ) Net cash provided by financing activities: $16,000 If the cash balance at the beginning of the year was $13,200, what is the ending cash balance? A) $23,700 B) $10,500 C) $13,200 D) $5,500