Risk refers to the chance that some unfavorable event will occur, and a probability distribution is completely described by a listing of the likelihood of unfavorable events.?
Answer the following statement true (T) or false (F)
False
Risk refers to the chance that an outcome other than the expected one will occur. A listing of all possible outcomes or events, with a probability (chance of occurrence) assigned to each outcome is known as probability distribution. See 8-1: Defining and Measuring Risks
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Maria and Devin are both data-entry clerks in the same department of a company. On the anniversary of her employment, Maria receives a 2 percent increase in salary. Later that day, while talking to Devin, she learns that on his anniversary, his pay increase was 4 percent. How could the company's supervisor and human resource department best ensure that Maria will perceive outcome fairness in this situation?
A. by treating Maria with dignity and respect B. by increasing Maria's raise, so everyone gets the same amount C. by reserving the largest raises for the most serious offenses D. by reducing Devin's raise, so everyone gets the same amount E. by demonstrating that raises of different sizes are associated with differences in performance
The year-end adjusting entry to reflect an increase in the value of trading securities includes a
a. debit to Unrealized Gain on Investments. b. debit to Short-Term Investments. c. debit to Allowance to Adjust Short-Term Investments to Market. d. credit to Realized Gain on Investments.
The number of resellers authorized or direct sales persons assigned per geographic trade area is _______. By adjusting this factor, the supplier makes it more convenient for the customer to purchase an offering
a. exposure b. coverage c. distribution intensity strategy d. total customer experience
Drama in the workplace acts much like a
A) personality clash. B) win-win approach to conflict resolution. C) company initiative for reducing work-life conflict. D) family-to-work conflict.