Ernest Went to Boston to Negotiate Several New Contracts with Clients

question 96

Multiple Choice

Ernest went to Boston to negotiate several new contracts with clients. His airfare was $400 and he spent $150 per day on lodging, $40 per day on meals, and a total of $60 on cab fare.
I.If Ernest spends 2 days on business and 3 days on personal activities, he can deduct $160 of his airfare.
II.If Ernest spends 3 days on business and 2 days on personal activities, he can deduct $120 of the meal costs.
​

• A)Only statement I is correct.
• B)Only statement II is correct.
• C)Both statements are correct.
• D)Neither statement is correct.

---

Definitions:

Numerical Trends

Patterns or directions that emerge from the analysis of numerical data over a period of time.

Graphic Arts

The arts of drawing, engraving, or printing on flat surfaces.

One-Factor Design

A type of experimental design where only one independent variable is manipulated to observe its effect on a dependent variable.

Independent Variable

The factor or condition that researchers manipulate in an experiment to explore its impact on a dependent variable.