Four witnesses, Alice, Bob, Carol, and Dave, at a trial each
tell the truth with probability 1/3 independent of each other. In
their testimonies, Alice claimed that Bob denied that Carol
declared that Dave lied. What is the conditional probability that
Dave told the truth?
Explain what the Healthcare Access, Quality, and Cost Triangle
means and use an example to illustrate how it works, in regards to
the passage of the Affordable Care Act.
List and briefly explain each of the four properties of
indifference curves. Provide an example where you have made a
buying decision based on one or more of these properties. Justify
your answer.
What are the four main functions of money? Describe each role,
and give an example of how money works and how it might not
work.Why should we consider transactions costs in examining the
role that money plays in society?
.) What are the four types of adjusting entries? Provide an
example of each one.
6.) What are the journal entries for the seller of inventory
(for the sale, for a return, and payment within the discount
period)?
7.) Describe the difference between current and long-term
liabilities.
8.) What is the journal entry to record cash received in advance
of performing a service or delivering a product?
9.) What are the three important dates for a cash dividend? What
is...