What Is the Reliability of a Four-Component Product, with Components

question 40

Multiple Choice

What is the reliability of a four-component product, with components in series, and component reliabilities of .90, .95, .98, and .99?

• A) under 0.83
• B) 0.90
• C) 0.955
• D) no less than .99
• E) none of the above

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Definitions:

Accounts Payable

A liability to a creditor, carried on an open account, usually for purchases of goods and services.

Indirect Method

A way of reporting cash flows from operating activities in the cash flow statement by adjusting net income for changes in non-cash accounts.

Comparative Balance Sheet

A comparative balance sheet presents the financial position of a company at different points in time side by side, to analyze trends or changes in financial status.

Net Loss

Net loss refers to the result when a company's total expenses exceed its total revenues during a specific period, indicating a negative profitability.