The Probability That Independent Events a and B Will Both

question 72

Multiple Choice

The probability that independent events A and B will both occur is determined by:

• A)subtracting the probability of A from the probability of B
• B)subtracting the probability of B from the probability of A
• C)adding the probability of A to the probability of B
• D)multiplying the probability of A by the probability of B
• E)dividing the probability of A by the probability of B

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Definitions:

Equity Method

The Equity Method is an accounting approach used for recording investments in associate companies where the investor has significant influence, typically 20-50% ownership, by recognizing its share of the associate's profits or losses.

Dividend Revenue

Income received from owning shares of stock in a corporation that pays dividends.

Operating and Financial Affairs

The various activities related to managing a company's day-to-day operations and handling its financial resources.

Investee

A company or entity in which an investor holds a minority ownership stake or interest, but not controlling interest.