External events do not include

a. interaction between an entity and its environment.
b. a change in the price of a good or service that an entity buys or sells, a flood or earthquake.
c. improvement in technology by a competitor.
d. using buildings and machinery in operations.

Ans: d. using buildings and machinery in operations.

Business

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If the events A and B are independent with P(A ) = 0.30 and P(B ) = 0.40, then the probability that both events will occur simultaneously is:

A) 0.10 B) 0.12 C) 0.70 D) 0.75

Business

Changes might be initiated by the customer or the project team, or they might be the result of an unanticipated occurrence

a. True b. False Indicate whether the statement is true or false

Business