State the Real Number That Corresponds to the Situation $\frac { 17 } { 16 }$

question 110

Multiple Choice

State the real number that corresponds to the situation.
- $\frac { 17 } { 16 }$

• A) \(- 1.0625\)
• B) \(1.0625\)
• C) \(3.1875\)
• D) \(2.125\)

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Definitions:

Rolling Budget

A continuously updated budget that extends into the future for a consistent period, as current months pass, new months are added to the budget.

Incremental Time Period

A specific duration over which the additional effects of decisions or changes are measured.

Cash Budget

A forecast that estimates the cash inflows and outflows over a specific period, helping to manage liquidity and financial planning.

Cash Receipts

Cash Receipts refer to the collection of money, including coins, currency, checks, and electronic transfers, received by a business from transactions.