If P(A) =

question 74

Multiple Choice

If P(A) = .38, P(B) = .83, and P(A ∩ B) = .24; then P(A ∪ B) =

• A) 1.21
• B) .97
• C) .76
• D) 1.45

---

Definitions:

General Journal

A ledger where double-entry accounting transactions are initially recorded, including details such as date, accounts affected, and amounts.

General Ledger

A comprehensive set of accounts that records all financial transactions of a business, used to prepare financial statements.

Inventory

The total amount of goods and materials a business holds for the purpose of resale or production.

Balance Sheet Column

Part of a financial statement that displays the company's assets, liabilities, and shareholders' equity at a specific point in time.