Probability is the likelihood that an outcome occurs
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Which of the following would be considered a direct labor cost for a manufacturing company?
A) wages of the assembly line staff B) wages of the factory janitors C) wages of the factory manager D) salaries of the internal auditors
Which of these factors is most likely to increase the risk of a missed shipment, communication problem, or human error?
A) supply base reduction B) global outsourcing C) multicriteria decision models D) electronic data interchange
Mona is induced by her guardian Newt to sign a contract to invest her student loan funds in Overseas Bank through Newt's investment firm. Unknown to Mona, Newt realizes ongoing commissions from the investment. Most likely, Mona may
a. not rescind the contract. b. rescind the contract on the basis of undue influence. c. rescind the contract on the basis of mistake. d. rescind the contract on the basis of unconscionability.
Which of the following statements concerning tax preferences is true?
A. Tax preferences make the tax law more neutral across taxpayers. B. The annual revenue loss from federal tax preferences is quantified in the Tax Expenditures Budget. C. Tax preferences simplify the tax law. D. Tax preferences increase the fairness of the tax law.