A Total of 50 Raffle Tickets Are Sold for a Contest

question 150

Multiple Choice

A total of 50 raffle tickets are sold for a contest to win a car. If you purchase one ticket, what are your odds against winning?

• A) 49 to 1
• B) 50 to 1
• C) .05
• D) .01

Understand the various internal and external recruitment methods and their implications.

Recognize the advantages and limitations of different recruitment methods.

Identify the most effective tools for internal candidate identification and promotion.

Understand the consequences of inadequate HR planning and development programs.

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Definitions:

MIRR

Modified Internal Rate of Return, a measure used to assess the profitability of an investment, accounting for the cost of capital and reinvestment of cash flows.

Terminal Value

The estimated value of a business or project at the end of a forecast period, often used in discounted cash flow analyses.

Non-normal Cash Flows

Cash flow patterns that do not match standard inflow and outflow models, often irregular in amount and timing.

Initial Costs

The upfront expenditures associated with beginning a project, such as fees, equipment purchases, and setup expenses.