Which of the following is not a government right in privately owned property?

The level of forecasted sales has little effect on other elements of the master budget

Indicate whether the statement is true or false

A risk manager was considering the range of possible losses that her company might experience next year. She noted that major production facilities could only be destroyed once during the year, because the destruction of the production facility by one peril means that the facility could not be destroyed a second time. What is the situation called where the occurrence of one event precludes the occurrence of a second event?

(a) empty set events (b) dependent events (c) mutually exclusive events (d) independent events