Employees of a Local University Have Been Classified According to Gender

question 25

Multiple Choice

Employees of a local university have been classified according to gender and job type. If an employee is selected at random, what is the probability that the employee is male?

• A) .667
• B) .367
• C) .333
• D) .500
• E) .917

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Definitions:

Uncollectible Account

An account receivable that is deemed unrecoverable from a debtor, often written off as a bad debt by the company.

Purchases Journal

A specialized accounting journal used to record all purchase transactions, typically for inventory or supplies.

Open Transaction

Any financial transaction that has been initiated but not yet completed or settled.

Customer Based

Customer based refers to a business strategy or perspective centered on understanding and addressing the needs, preferences, and behaviors of customers.