Find the Absolute and Relative Errors $- 5 \%$ B) Absolute Error: 6 Pounds
Relative Error

question 86

Multiple Choice

Find the absolute and relative errors.
-Your weight is 127 pounds but the scale indicates that it is 121 pounds.

• A) absolute error: -6 pounds
• relative error: \(- 5 \%\)
• B) absolute error: 6 pounds
• relative error: \(4.7 \%\)
• C) absolute error: \(- 6\) pounds
• relative error: \(- 4.7 \%\)
• D) absolute error: \(- 6\) pounds

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Definitions:

Accounts Receivable

Debts to a company from its customers for products or services already delivered, yet payment is pending.

Administrative Expenses

Costs related to the general operation of a company, such as salaries of executives and office supplies.

Direct Method

A method of allocating service department costs directly to producing departments without any intermediate allocation steps.

Accrued Liabilities

Accrued liabilities are financial obligations that a company has incurred but has not yet paid or recorded in its financial statements.