Which Number Could Be the Probability of an Event That

question 96

Multiple Choice

Which number could be the probability of an event that is almost certain to occur?

• A) .99
• B) .51
• C) .01
• D) 1.01

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Definitions:

Selling Expense

Costs incurred directly and indirectly in making sales, including advertising, sales staff salaries, and commissions, but not the cost of goods sold.

Period Cost

Expenses that are not directly tied to the production process and are expensed in the period in which they occur.

Salespersons Bonuses

Additional compensation awarded to sales employees based on their performance.

Selling Expense

Costs associated with the marketing and selling of a company's products or services, including advertising and sales personnel expenses.