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Mutually exclusive events in finance?

Mutually exclusive events in finance means? a. We can not start a project without the other so both will be started together b. We can start one project now and the other after some time whenever we want c. Only one of the mutually exclusive events can be worked on d. Mutually exclusive events are only in statistics and does not relate in finance.

Cash Flow Management Budgeting Financial Reporting Financial Accounting Financial Analysis
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Question added by Anayatullah Tahir , Accounting Consultant , Various
Date Posted: 2014/04/06
Upvote (4) Views (4) Followers (4) Answers (7) Report Question
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Umer Aziz
by Umer Aziz , Senior Accountant , TERNA Bahrain Holding - GEK Group (www.terna.gr)

Option C

Prince Ninan
by Prince Ninan , Audit Executive , Lewis & Pecker

c

 

Zohaib Muhammad
by Zohaib Muhammad , Associate Manager (Finance) , HUM NETWORK LIMITED

c

Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

The answer is C

Muhammad Zubair
by Muhammad Zubair , CFO / Chief Accountant , RH Group

It is option C

Maickel Finianos
by Maickel Finianos , Financial Controller & Demand Planner , Khalil Fattal & Fils – Romance s.a.l

Option C : Only one of the mutually exclusive events can be worked on

Lesley Lanag CMA CPA
by Lesley Lanag CMA CPA , Senior Accountant , Takaful Emarat Insurance (P.S.C)

C. Mutually exclusive events - the happening of one event prevents the other event from happening

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