Which Sentence Expresses Numbers Correctly

question 14

Multiple Choice

Which sentence expresses numbers correctly?

• A)Our records indicate that Policy No.35800661 has been cancelled.
• B)Our records indicate that Policy Number 35800661 has been cancelled.
• C)Our records indicate that Policy No.35,800,661 has been cancelled.

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Definitions:

Property, Plant & Equipment

This refers to tangible assets that are expected to be used in the production of goods or services and are not intended for sale in the ordinary course of business.

Current Rate Method

An accounting technique used to convert all foreign currency items into the reporting currency at the current exchange rate.

Translated

In financial contexts, refers to the process of converting the financial statements of a foreign entity into the reporting currency of the parent company.

Temporal Method

An accounting technique for converting the financial statements of a subsidiary in a foreign currency into the parent company's reporting currency.