An electrical power system consists of four major components with reliabilities of 0.99, 0.90, 0.80, and 0.95. If the designers want to improve the reliability of the system by adding a backup component, which component should get the backup to achieve the highest reliability?

A. Component 1
B. Component 2
C. Component 3
D. Component 4


C. Component 3

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Which of the following is not a source of industry statistics?

a. Annual Statement Studies b. Mergent Dividend Record c. Value Line d. Standard and Poor's Industry Surveys e. The Department of Commerce Financial Report

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Expenses that have been paid for and recorded are called accrued expenses

Indicate whether the statement is true or false

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Normative disciplines presuppose some underlying ________.

Fill in the blank(s) with the appropriate word(s).

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Which of the informal elements of ethics are widely accepted organizational standards of behavior within an organization?

A. language B. stories C. norms D. rituals

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