CourseraACCOUNTING 101Mastery Quiz 1 - 2

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Preamble: This is the Òrst mastery quiz for the course. The questions on this quiz are meant to test whether you have watched all the material and understand the concepts presented in Modules 1 – ... 2. If you are reading this, I hope that means you’ve had a chance to look over the questions in advance (provided in the Preview of Mastery Quiz 1 – 2) and so you know what to expect. Q1. What is the pie? Correct  points 1 / 1 The pie is the beneÒt the negotiating parties could get if they work together. The pie is the di×erence between the beneÒt the negotiating parties could get if they work together and the sum of the beneÒts each party could get on its own. The pie is the di×erence between the beneÒt one party can get on its own and the beneÒt the other party can get on its own. 3.14159… 2. If Abe and Bea reach an agreement, they can create 12 together. If they don’t, Abe can create 3 on his own and Bea can create 1 on her own. What is the pie? [Show More]

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