A) Yes
B) No

question 43

Multiple Choice

$$\begin{array}{l}\text { Determine whether the table represents a discrete probability distribution. }\\\begin{array} { c c } \hline x & P ( x ) \\\hline - 3 & 0.05 \\- 2 & 0.15 \\- 1 & 0.35 \\0 & 0.45 \\\hline\end{array}\end{array}$$

• A) Yes
• B) No

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Definitions:

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition and net worth.

Financial Position

A financial statement element that shows the value of a company's assets, liabilities, and equity at a specific point in time.

Unearned Revenues

Monies received by a company for goods or services yet to be delivered or performed, considered a liability until the obligation is fulfilled.

Liability

Financial obligations or debts that an entity owes to others, which must be settled over time through the transfer of economic benefits.