Calculating the Quotient of ______ to Three Decimal Places, the Result

question 47

Multiple Choice

Calculating the quotient of ______ to three decimal places, the result should be rounded to ______.

• A) 8/14; .58
• B) 4/11; .37
• C) 5/7; .72
• D) 3/8; .38

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Definitions:

Accounting Systems

Organized frameworks used for recording, measuring, summarizing, and communicating financial information of a business entity.

Collecting

The process of obtaining payments for debts owed by individuals or businesses.

Accumulating

The process of gathering or building up a quantity over time.

Reporting

The process of preparing and conveying financial and operational information to relevant stakeholders to facilitate decision-making.