A Test Has 6 Multiple Choice Questions,each with 4 Alternatives

question 2

Multiple Choice

A test has 6 multiple choice questions,each with 4 alternatives.What is the probability of guessing 5 or more questions correctly?

• A).5340
• B).4660
• C).9954
• D).0046

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Definitions:

Indirect Method

A cash flow statement presentation technique where net income is adjusted for changes in balance sheet accounts to calculate operating cash flow.

Indirect Method

A technique used in cash flow statement preparation where net income is adjusted for non-cash transactions to calculate operating cash flows.

Cash Dividends

Payments made by a corporation to its shareholder members from earnings, typically in the form of cash.

Net Income

The amount of money remaining after all operating expenses, interest, taxes, and preferred stock dividends have been deducted from a company's total revenue.