Refer to the Following Table to Answer the Next -As Presented in the Table, the Rate of Inflation from Questions

question 170

Multiple Choice

Refer to the following table to answer the next questions: $$\begin{array} { c r } \hline \text { Year } & \text { CPI } \\\hline 1999 & 80 \\2000 & 87 \\2001 & 105 \\2002 & 112 \\2003 & 108 \\2004 & 117 \\\hline\end{array}$$
-As presented in the table, the rate of inflation from 1999-2000 i.e., during the year 2000) was rounded to two decimal places)

• A) 7.00 percent.
• B) 80.00 percent.
• C) 87.00 percent.
• D) 8.75 percent.
• E) 10.00 percent.

Analyse economic changes through graphical data representation.

Understand the concepts and practices related to the depreciation of assets.

Comprehend the treatment and accounting for disposal and exchange of plant assets.

Recognize the accounting principles for intangible assets including goodwill, patents, and research and development costs.

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