Vidyalelo
Management · Q278

Management Accounting

Graduate and Post Graduate · Management · question 278

Q278

Type of distribution, which consists of alternative outcomes and probabilities of events is classified as

A.
event table
B.
outcome table
C.
decision table
Answer
D.
probability table

Answer: Option C

Solution

Answer: Option C
Solution:
Type of distribution, which consists of alternative outcomes and probabilities of events is classified as decision table. Decision tables are a concise visual representation for specifying which actions to perform depending on given conditions.