How Many Different Ways Can 3 Winning Tickets Be Selected

question 51

Multiple Choice

How many different ways can 3 winning tickets be selected from 50 tickets, without replacement, if each ticket wins a different prize? (Note: the tickets can be selected in any order.)

• A) 118,100
• B) 117,700
• C) 117,500
• D) 117,600

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Definitions:

Special Journals

Accounting journals designed for recording specific types of transactions in a detailed manner, such as sales or purchases.

Control Accounts

A summary account in the general ledger that consolidates and controls the detailed data recorded in subsidiary ledgers.

Electronic Invoice Form

An invoice document sent digitally, often through email or a web service, to request payment for goods or services rendered.

Vertical Analysis

A financial statement analysis method where each entry for a given year is presented as a percentage of a total figure.