When the salesperson makes a sale, there are three possible sales levels: large, medium, and small

The probability of a large sale is 0.20 and the chance of a medium sale is 0.60. Thus, when a sale is made, the chance of it being a small sale is 0.20.
Indicate whether the statement is true or false


TRUE

Business

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In U.S. v. Microsoft, the appellate court found that

A. Microsoft's business practices were a per se violation of the Sherman Act. B. Microsoft did not employ illegal anticompetitive means to maintain and further its monopoly of the operating system market. C. Microsoft employed illegal anticompetitive means to maintain and further its monopoly of the operating system market. D. Microsoft illegally attempted to monopolize the browser market.

Business

The difference between the actual cost driver amount and the standard cost driver amount, multiplied by the standard variable overhead rate, is the:

A. variable overhead volume variance. B. variable overhead rate variance. C. variable overhead efficiency variance. D. over- or underapplied variance.

Business

Which of the following is the least profitable method of liquidating markdown merchandise?

A. Give the merchandise to charity. B. Consolidate the unsold merchandise. C. Sell the merchandise to another retailer. D. Carry the merchandise over to the next season. E. Place the remaining merchandise on an Internet auction site.

Business

To track and collect alerts generated by a network monitoring system and pass them to a central server, where they can be automatically picked up, evaluated, and, when appropriate, logged as an incident, a ____ system would be best.

A. remote monitoring B. remote control C. self healing D. knowledge management

Business