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Several Events Are Listed Below

question 35

Essay

Several events are listed below.Indicate whether each event is an external event that should be recorded as a transaction,an internal event that should be recorded as a transaction,or an event that should not be recorded.Use the following identification codes for your answers:
E-External event to be recorded as a transaction
I-Internal event to be recorded as a transaction
NR-An event that should NOT be recorded
Several events are listed below.Indicate whether each event is an external event that should be recorded as a transaction,an internal event that should be recorded as a transaction,or an event that should not be recorded.Use the following identification codes for your answers: E-External event to be recorded as a transaction I-Internal event to be recorded as a transaction NR-An event that should NOT be recorded


Definitions:

Probability

Determining an event's likelihood of happening with a numerical indicator between 0 and 1.

Fair Die

A die that has an equal chance of landing on any of its faces.

Probability

A gauge of the probability that an event will occur, expressed numerically between 0 and 1.

Manufacturing Process

The series of operations or stages involved in the production of goods, often involving the assembly or transformation of raw materials.

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