The RAND()function in Excel Models Which of the Following Probability

question 19

Multiple Choice

The RAND() function in excel models which of the following probability distributions?

• A) Normal(0,1)
• B) Uniform(0,1)
• C) Normal(-1,1)
• D) Uniform(-1,1).

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Definitions:

Profit

The financial gain realized when the amount earned from business activities exceeds the expenses, costs, and taxes needed to sustain the activity.

Pre-Acquisition Entry

An accounting entry made to record the assets and liabilities of a company before it is officially acquired by another entity.

Direct Non-Controlling Interest

A portion of equity interest in a subsidiary not directly held by the parent company but rather through a direct subsidiary.

Indirect NCI

Stands for Indirect Non-Controlling Interest, which refers to the ownership interest in a company held by investors that do not have control or significant influence over the company.