Employees of a Local University Have Been Classified According to Gender

question 56

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 female,given that the employee is a salaried member of the staff?

• A).167
• B).500
• C).625
• D)267
• E).375

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Definitions:

Depreciation Expense

The systematic allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption or wear and tear.

Exchange Rates

The price of one currency in terms of another currency, which determines how much of one currency can be exchanged for another.

Balance Sheet

A financial report detailing a company's assets, liabilities, and equity held by shareholders at a particular moment.

Functional Currency

The main form of money used in the main economic setting where a business functions, as reported in its financial documents.