Let $W =$ Surfers Wearing Wet Suits $\}$ , With $| W | = 6$

question 63

Multiple Choice

Let $W =$ surfers wearing wet suits $\}$ , with $| W | = 6$
$H =$ surfers with blonde hair $\}$ , with $| H | = 12$
$B = \{$ surfers who ride long boards $\}$ , with $| B | = 3$
Also, let $| \boldsymbol { W } \cap \boldsymbol { H } | = \mathbf { 4 } , | \boldsymbol { W } \cap \boldsymbol { B } | = \mathbf { 1 } , | \boldsymbol { H } \cap \boldsymbol { B } | = 2$ , and $| \boldsymbol { W } \cup \boldsymbol { H } \cup \boldsymbol { B } | = 15$ .
-How many surfers either wear a wet suit, have blonde hair, or ride a long board?

• A) 1
• B) 15
• C) 4
• D) 14
• E) None of these

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Definitions:

Special Purpose Entity

A legal entity created for a specific objective, often to isolate financial risk or for securitization purposes.

Completed Transaction Method

An accounting approach where revenue and expenses are recognized only when a transaction is fully completed.

Premium Wheat

High-quality wheat that meets specific grading standards and therefore may command a higher price in the market.

Market Price Method

A valuation method where inventory or assets are valued based on current market prices rather than historical cost or other valuation methods.