Find the Binary Equivalent for Each of the Following Decimal $0.00101 _ { 2 }$

question 65

Multiple Choice

Find the binary equivalent for each of the following decimal numbers.
-0.140625

• A) \(0.00101 _ { 2 }\)
• B) \(0.001001 _ { 2 }\)
• C) \(0.0010001 _ { 2 }\)
• D) \(0.000101 _ { 2 }\)
• E) None of these

Distinguish between expense and asset classification and the significance of each in financial reporting.

Analyze the effects of not making adjusting entries on the accuracy of financial statements.

Understand the concepts of residual value, book value, and accumulated depreciation.

Recognize the importance of accrual accounting principles in recognizing expenses and revenues.

---

Definitions:

Current Assets

Assets owned by a company that are expected to be converted into cash, sold, or consumed within one year or the operating cycle.

Noncurrent Assets

Assets that are not expected to be converted into cash or used up within one year or the operating cycle, whichever is longer.

Stocks

Shares in the ownership of a company, representing a claim on the company’s assets and earnings.

Minority Interest

An ownership stake in a company that is less than 50 percent, indicating that the investor does not have control over business operations.