Post Utme Elizade University 2017 Commerce Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2017 Commerce Objective / Multiple Choice
Question 23 POST_UTME_ELIZADE_UNIVERSITY • 2017 • COMMERCE • objective

A bank's cash management system involves the use of a cash management software that automates the process of reconciling cash transactions. If the software is able to reconcile 90% of the transactions accurately, what is the probability that a randomly selected transaction will be reconciled accurately?

Answer Options

A. 0.1
B. 0.2
C. 0.3
Correct Answer D. 0.9
Correct Answer
D
Correct Option:
0.9

About This Question

This is Post Utme Elizade University 2017 Commerce Question 23. It is one of the objective questions from the 2017 Post Utme Elizade University Commerce examination.

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