Question
Two dice are rolled together. Find the probability that
the sum of the numbers on the two dice is less than 4.Solution
Favourable outcomes = (1, 1), (1, 2), (2, 1)
Required probability = 3/36 = 1/12
Internal auditor is appointed by ________.
A firm projects cash inflows of ₹5 lakh in July and ₹7 lakh in August. It expects cash outflows of ₹6 lakh and ₹8 lakh respectively. If the open...
Which function in MS Excel is used to find the present value of an investment?
GAAP stands for:
Financial Instruments such as Call Money, commercial paper, Bills of exchange, T-Bills, are traded in which of the following market?
DuPont analysis is:
Standard material for 1 unit = 4 kg at ₹50/kg. For actual production of 1,200 units, actual material used was 4,800 kg costing ₹2,40,000. Calculate ...
As per RBI’s KYC/AML guidelines on wire transfers, the term “Beneficiary” refers to:
As per the RBI’s discussion paper on the introduction of the Expected Credit Loss (ECL) framework for provisioning by banks, to which category would t...
What is the key objective of standard costing?