An employer held responsible for the torts of an employee is said to have vicarious liability

a. True
b. False
Indicate whether the statement is true or false


True

Business

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The flashlight batteries produced by one of the northern manufacturers are known to have an average life of 60 hours with a standard deviation of 4 hours. Use Chebyshev's theorem to answer the following questions. a.At least what percentage of flashlights will have a life of 54 to 66 hours?b. At least what percentage of the batteries will have a life of 52 to 68 hours? c. Determine an interval for the lives of the batteries that will be true for at least 80% of the batteries. (Hint: First compute the Z-score.)

What will be an ideal response?

Business

Any intercompany gain or loss on a downstream sale of land should be recognized in consolidated net income:I. in the year of the downstream sale. II. over the period of time the subsidiary uses the land. III. in the year the subsidiary sells the land to an unrelated party. 

A. I or II B. III C. I D. II

Business

A firm that transfers its receivables in exchange for cash can

a. use its accounts receivable as collateral for a loan from a bank or other financial institution. b. factor its accounts receivable to a bank or other financial institution in exchange for cash. c. transfer the accounts receivable to a legally separate entity that issues debt securities to investors. d. use all of the above. e. use none of the above.

Business

_____________is the process of interaction with the environment to accomplish the twin goals of gathering information and informing the environment about the organization’s activities.

a. Environmental scanning b. Boundary spanning c. Environmental spanning d. Boundary scanning

Business