What Is the Probability That an Even Number Appears on the Toss

question 62

Multiple Choice

What is the probability that an even number appears on the toss of a die?

• A) 0.5
• B) 0.33
• C) 0.25
• D) 0.67
• E) 1.00

Recognize the difference between short-term and long-term investment strategies and their classifications.

Understand the impact of selling parts of investments, including calculating gains or losses.

Differentiate between the cost method and equity method for accounting investments.

Identify the income statement and balance sheet presentation of investment activities and their impacts.

---

Definitions:

Accounting Records

Documents and books that systematically capture all financial transactions of a business, serving as the foundation for its financial statements.

Adjusting Entry

Accounting entries made to update the records for accruals and deferrals that were not recorded during the accounting period.

Bank Loan

A sum of money borrowed from a bank that is expected to be repaid with interest.

Interest Due

The amount of interest payment that must be paid at a scheduled date for borrowed funds.