P2 Advanced Management Accounting

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Showing 10–10 of 10 questions

Question 10

A product requires one each of three different components.

Faulty components are identified only at the end of the manufacturing process.

The following average fault rates have been identified:

Component A – 1 in 100

Component B – 1 in 20

Component C – 1 in 10

The probability that a unit of finished product contains no faulty components is:

Select an option, then click Submit answer.

  • 0.84645

  • 0.00005

  • 0.99231

  • 0.97692