Which of the Following Statements About Significant Digits Are TRUE

question 37

Multiple Choice

Which of the following statements about significant digits are TRUE? I.Significant digits are only the digits that are known exactly.
II) Significant digits are all of the digits that are known exactly plus one uncertain digit.
III) Significant digits are a way to communicate the precision of a measurement.
IV) The degree of uncertainty of a measurement is expressed by significant digits.

• A) I only
• B) II only
• C) III and IV only
• D) II, III and IV
• E) All of the statements are true about significant digits.

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Definitions:

Direct Materials Variances

The difference between the actual costs of direct materials used in production and the standard or expected costs.

Fixed Overhead

Expenses that remain constant regardless of how much is produced or sold, including items like lease payments, wages, and insurance premiums.

Direct Labor

The wages or salaries paid to employees who are directly involved in manufacturing a product or providing a service.

Raw Material

Basic materials used in the production process to manufacture finished goods, essential components of production cost.