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2024 Test E1 Simulator Online - E1 Exam Fees, Managing Finance in a Digital World Test Questions Vce - FreeTorrent

E1

Exam Code: E1

Exam Name: Managing Finance in a Digital World

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
The joint probability of events A and B occurring equals 0.11. The probability of neither A nor B occurring equals 0.64. If P(A) equals 0.24, the probability of B occurring equals ________.
A. 0.23
B. 0.51
C. 0.29
D. 0.46
Answer: A
Explanation:
Explanation/Reference:
Explanation:
We are given that P(neither A nor B) = 0.64, P(A and B) = 0.11 and P(A) = 0.24. The probability of neither A nor B occurring equals one minus the probability of either A or B occurring i.e. P(neither A nor B) = 1 - P (A or B).
Thus, P(A or B) = 1 - P(neither A nor B) = 1 - 0.64 = 0.36.
Now, P(A or B) = P(A) + P(B) - P(A and B)
Therefore, P(B) = P(A or B) - P(A) + P(A and B) = 0.36 - 0.24 + 0.11 = 0.23.

NEW QUESTION: 2
What best describes the ultimate goal of having proper security management systems and processes in an organization?
A. protect the company assets
B. remove all vulnerabilities
C. eliminate all the security risks
D. ensure the effectiveness of the security controls
Answer: A

NEW QUESTION: 3
Which of the following contract types places the greatest risk on the seller?
A. Cost plus-incentive-fee contract
B. Firm-fixed-price contract
C. Cost-plus-fixed-fee contract
D. Fixed-price-incentive contract
Answer: B

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