Which of the Following Is Not a Recommended Method for Displaying

question 57

Multiple Choice

Which of the following is not a recommended method for displaying numbers in a table?

• A) They should always be left-aligned.
• B) Shortening the numbers
• C) Round to the nearest whole number if precision is not critical.
• D) Give numbers a designation, like thousands or millions.

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Definitions:

Assets

Assets are possessions or properties held by a company, anticipated to yield economic advantages in the future.

Credits

An accounting entry that increases liabilities and equity or decreases an asset or expense account in double-entry bookkeeping.

Insurance Expense

The cost incurred by a business for insurance coverage, recognized as an expense over the policy period.

Prepaid Insurance

An asset account that represents insurance premiums paid in advance, which are expensed over the period the insurance coverage pertains to.