Examlex
In a 10-question matching test with 10 possible answers to match and no answer used more than once, what is the probability of guessing and getting every answer correct?
College Degrees
Certifications awarded by colleges and universities upon completion of a course of study, demonstrating academic achievement in a specific field.
Share
A unit of ownership in a corporation or financial asset that provides an equal distribution in any profits, in the form of dividends, and assets if the company is dissolved.
Operational Efficiency
The ability of an organization to minimize waste and maximize outputs from given inputs, often through improvements in processes and technology.
Residual Claimants
Individuals who personally receive the excess, if any, of revenues over costs. Residual claimants gain if the firm’s costs are reduced or revenues increase.
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