The expected value of an accountant's profit and loss

Last updated: 7/11/2022

The expected value of an accountant's profit and loss analysis is 0. Explain what this means. Choose the correct answer below. A. An expected value cannot be equal to 0. B. Since the expected value cannot be less than 0, an expected value of 0 means that the average money gained is equal to or less than the average money spent. C. An expected value of 0 means that the average money gained is equal to the average money spent, representing the break-even point. D. An expected value of 0 means that there was not any money gained or spent.