A Cube Is 1

question 62

Multiple Choice

A cube is 1.0 inch in length on the side (1 in = 2.54 cm) . The volume of the cube is

• A) 1.64 × 10¹ cm³.
• B) 1.6387 × 10¹ cm³.
• C) 1.6 × 10¹ cm³.
• D) 1.639 × 10¹ cm³.

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Definitions:

Carrying Amount

The net value of an asset or liability recorded on the balance sheet, calculated as the original cost minus any depreciation, amortization, or impairment costs.

Allowance Account

An account used to adjust the carrying value of accounts receivable to the amount expected to be collected.

Contra Account

An account used in conjunction with another account to adjust or offset its balance.

Allowance Account

An account set aside to cover potential losses from doubtful accounts, reflecting estimated uncollectible receivables.