Which of These Values Represents the Smallest Number

question 13

Multiple Choice

Which of these values represents the smallest number?

• A)4.2 × 10^-4
• B)7.6 × 10^-6
• C)1.2 × 10^-2
• D)3.3 × 10^-3

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Definitions:

Permanent/Temporary

Designations for accounts or job positions that indicate if they are expected to last indefinitely or have a fixed duration, respectively.

Gross Method

An accounting method for recording purchases at the invoice amount without deducting any discounts offered.

Periodic Method

An inventory accounting system where updates to inventory accounts and cost of goods sold are made periodically at the end of a reporting period.

Journal Entries

Recorded transactions in the accounting ledger that reflect the financial activities of a business.