Each customer entering a department store will either buy or not buy some merchandise. An experiment consists of following 4 customers and determining whether or not they purchase any merchandise. How many sample points exist in the above experiment? (Note that each customer is either a purchaser or non-purchaser.)
a. 2
b. 4
c. 12
d. 16
d
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Which of the following is not one of the three commonly used methods for determining transfer prices?
a. Dictated b. Negotiated c. Cost-plus d. Market-based
A personal withdrawal of cash is recorded in the general journal
Indicate whether the statement is true or false
Assume that the Crabapple Company had 150 warranty claims for the period, and the budgeted cost was $12,000 . If its apple juice product alone had 40 warranty claims, what amount would be allocated to apple juice for warranties?
a. $3,200 b. $9,800 c. $8,800 d. $6,400
With regard to the launch phase of a new venture, which is the landmark moment for the venture?
a. Having the venture team in place b. Securing the venture funding c. The first sale d. None of the above would be a landmark moment