Convert 1.2 × 10^-3 to Decimal Notation

question 86

Multiple Choice

Convert 1.2 × 10^-3 to decimal notation.

• A) 1.200
• B) 0.1200
• C) 0.0120
• D) 0.0012
• E) 0.00012

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Definitions:

Matching Principle

An accounting principle that requires expenses to be matched with the revenues they helped to generate in the same period.

Amortization

The gradual reduction of a debt over a period of time or the spreading out of capital expenses related to intangible assets over their useful life.

Matching Principle

An accounting principle that dictates expenses should be recognized in the same period as the revenues they helped generate.

Depletion

The accounting process of allocating the cost of natural resources over their productive life, used in industries like mining, timber, and oil extraction.