Which Sentence Expresses Numbers Correctly

question 10

Multiple Choice

Which sentence expresses numbers correctly?

• A)After a 7-to-2 vote, the committee approved the motion.
• B)After a seven to two vote, the committee approved the motion.
• C)After a 7 to two vote, the committee approved the motion.

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Definitions:

Internal Accounting

The process of preparing financial information for use by management within the organization, not for external stakeholders.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicating the company's financial performance over a period.

Consolidation Entry TI

A specific type of journal entry made during the consolidation process to integrate the financial activities of a parent company and its subsidiaries.

Consolidation Entry G

An accounting entry used in consolidation to eliminate the effects of intercompany transactions among entities within a consolidated group for external reporting.