If Two Events a and B Are Independent,the P(A and B)=

question 6

True/False

If two events A and B are independent,the P(A and B)= P(A)+ P(B).

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Definitions:

Financial Control

The management of a company's finances, ensuring that its resources are used efficiently and effectively.

Liquidity

The measure of how quickly and easily an asset can be converted into cash without significantly affecting its value.

Leverage

Describes the use of borrowed capital or debt to increase the potential return of an investment or project.

Asset Management

The process of developing, operating, maintaining, and selling assets in a cost-effective manner, commonly used in finance to refer to managing investments.