A Rectangle Has a Length of 1

question 9

Multiple Choice

A rectangle has a length of 1.323 m and a width of 4.16 m. Using significant figure rules, what is the area of this rectangle?

• A) 5.50368 m²
• B) 5.5037 m²
• C) 5.504 m²
• D) 5.50 m²
• E) 5.5 m²

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Definitions:

Fiscal Year End

The closing date of a 12-month accounting period upon which a company completes its annual financial reporting and determines net income.

Tax Effects

The impact of taxation on investment returns, business operations, or individual income.

Inventory Flow Assumptions

Accounting methods for determining the cost of inventory sold and remaining in stock, examples include FIFO (First In, First Out) and LIFO (Last In, First Out).

Cost Of Goods Sold

The direct costs associated with producing goods sold by a company, including materials and labor, affecting net income and profit margins.