When a and B Are Mutually Exclusive,P (A or B)can

question 98

True/False

When A and B are mutually exclusive,P (A or B)can be found by adding P(A)and
P(B).

---

Definitions:

Extraordinary Losses

Non-recurring losses that are unusual in nature and infrequent in occurrence, significantly impacting a company's financial performance.

Tornado Damage

The destruction or loss caused by a tornado, affecting buildings, infrastructure, and communities, potentially leading to financial losses and insurance claims.

Obsolete Inventory

Inventory that is no longer sellable because it is out of date, out of fashion, or has become technologically redundant.

Unusual

Refers to events or transactions that are infrequent, unexpected, or uncommon in the normal course of business operations.