Answer the Question. -Which of the Statements Below Suggests an Appropriate Level of Appropriate

question 4

Multiple Choice

Answer the question.
-Which of the statements below suggests an appropriate level of precision?

• A)The population of sperm whales worldwide is 817,213
• B)The population of sperm whales worldwide is 800,000.
• C)The population of sperm whales worldwide is 817,210.
• D)The population of sperm whales worldwide is 817,200.

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Definitions:

Appropriations

Funds set aside by a legislative body for a specific purpose, often referring to government budgeting.

Retained Earnings

The portion of net earnings not distributed to shareholders, instead reinvested in the core business or used to pay off debt.

Prior Period Adjustment

Corrections of errors in previously issued financial statements not attributable to the current period, affecting retained earnings directly.

Retained Earnings

The portion of a company's profits that is kept or reinvested in the business, rather than being paid out to shareholders as dividends.