Use the Following Table to Answer the Question

question 42

Multiple Choice

Use the following table to answer the question. A random sample of college students was asked to respond to a survey about how they spend their free time on weekends. One question, summarized in the table below, asked each respondent to choose the one activity that they are most likely to participate in on a Saturday morning. The activity choices were homework, housework, outside employment, recreation, or other.

-Which of the following are mutually exclusive events?

• A)Student is female and student chose "outside employment" as their most likely activity on Saturday mornings.
• B)Student is female and student chose "housework" as their most likely activity on Saturday mornings.
• C)Student is male and student chose "housework" as their most likely activity on Saturday mornings.
• D)Student chose "outside employment" and student chose "other" as their most likely activity on Saturday mornings.

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Definitions:

Acquisition Differential

The difference between the cost of an acquisition and the fair value of net assets acquired, often recognized as goodwill on the balance sheet.

Patents

Legal rights granted by a government to an inventor for a limited time, giving exclusive rights to manufacture, use, or sell an invention.

Acquisition Differential

The difference between the purchase price of an acquired company and the book value of its net assets.

Acquisition Differential

The difference between the cost of the acquisition and the fair value of the net assets acquired in a business combination.