If a die is rolled repeatedly, what is the probability of rolling a 2 if it is a fair die?
a. 1/2
b. 1/3
c. 1/6
d. The probability cannot be determined from the information given.
c
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A proposed merger between two Swiss-based global pharmaceutical companies, Ciba-Geigy AG and Sandoz AG, would be subject to review by regulators from which of the following?
A) European Commission B) UN Conference on International Trade Law C) International Chamber of Commerce D) International Court of Justice E) none of the above
What organization is responsible for setting auditing standards for audits of publicly-traded companies in the U.S.?
A. PCAOB. B. FASB. C. GASB. D. AICPA.
The concept of mistake-proofing is referred to as ___________.
What will be an ideal response?
There are various budgets within the master budget. One of these budgets is the production budget. Which of the following BEST describes the production budget?
A. It details the required direct labor hours. B. It details the required raw materials purchases. C. It summarizes the costs of producing units for the budget period. D. It is calculated based on the sales budget and the desired ending inventory.