The probability that you win something will be 1.
What is an probability in statistics?
The probability serves as a gauge for how likely an event is to occur. It gauges how likely an event is. P(E) = Number of Favorable Outcomes/Number of Total Outcomes is the formula for probability.
Can the probability of an event be 1?
If the chance is 1, the event will occur. There would be nothing you could do to prevent a road traffic collision if the likelihood of one was 1. It will occur. In reality, probability connected to commonplace events ranges between 0 and 1.
Can a probability be negative?
Although a quasiprobability distribution permits a negative probability or quasiprobability for some events, the probability of the result of an experiment can never be negative. These distributions may be applicable to conditional probability or unobservable events.
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Answer:
Dec. 31
Dr Bonus expense $50,000
Cr Bonus payable $50,000
Explanation:
Preparation of the December 31 adjusting entry for Bayer.
Based on the information given we were told that they agreed to provide a bonus of the amount of $50,000 to its employees which will be equally shared by all of them in which The bonus will be paid in January which means that the journal entry will be:
Dec. 31
Dr Bonus expense $50,000
Cr Bonus payable $50,000
Answer:
All of the choices are correct.
Explanation:
GAAP is an acronym for Generally Accepted Accounting Principles, it comprises of the accounting standard, procedures and principles used by public institutions in the United States of America. The U.S GAAP is issued by the Financial Accounting Standards Board (FASB) and adopted by the U.S. Securities and Exchange Commission (SEC).
GAAP includes each of the following pronouncements:
Statements of Financial Accounting Standards, Accounting Research Bulletins, Accounting Principles Board Opinions.
For external reporting purposes, United States of America, Generally Accepted Accounting Principles (GAAP) allows companies to use only the traditional format of the income statement.
United States of America, Generally Accepted Accounting Principles (GAAP) is the accounting principles, procedures and standard issued by the Financial Accounting Standards Board (FASB) and adopted by the United States of America, Securities and Exchange Commission (SEC).
When accountants prepare and compile financial statements for public firms, it must be in line with United States of America, Generally Accepted Accounting Principles (GAAP).
Answer:
<u>international </u>
Explanation:
An international firm is typically headquartered in another country than its home country. But unlike a multinational, which has headquarters in several countries and different strategies for each market it participates, an international firm has the same operationalization model and availability of equal products and services in its units.
Answer:
D. Name mnemonic
Explanation:
By definition we know that mnemonics are an aiding instrument which helps a person remember lists of things in a set decided order, through rhythms and music and long sentences and acronyms. Hence names are the most commonly used mnemonics.
