The ________ test is a nonparametric test for examining differences in the location of two populations, based on paired observations, that compares only the signs of the differences between pairs of variables without taking into account the magnitude
of the differences.
A) Mann-Whitney U test
B) sign test
C) binomial test
D) runs test
B
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A company has reached the end of a contractual agreement with a vendor and wants to open it up for bid again before signing a new contract. This type of purchase situation is a:
A) straight rebuy B) modified rebuy C) new task purchase D) joint demand purchase
When preparing financial statements, the accountant assumes that the business will continue to operate for at least 5 years, unless there is evidence to the contrary
Indicate whether the statement is true or false
Information to prepare the statement of cash flows usually comes from (a) comparative balance sheets, (b) current income statement, and (c) additional information.
Answer the following statement true (T) or false (F)
Utilitarianism refers to which of the following concepts?
a. Ethics are of little importance as long as the action taken is useful to some b. Some actions are simply right, without any regard to the consequences c. An ethical act creates the greatest good for the greatest number of people d. The utility of an action is unimportant