Use a Calculator to Approximate to Three Decimal Places

question 22

Multiple Choice

Use a calculator to approximate to three decimal places.
-

• A)14.122
• B)14.107
• C)14
• D)14.094

---

Definitions:

Realised Profit

Profit that has been actually earned and received, typically from the sale of goods, services, or assets.

External Party

An entity or individual that is outside of an organization and can include suppliers, customers, government agencies, and lenders.

Company Tax Rate

The rate at which a company is taxed on its profits by the government.

Inventories

The total amount of goods available for sale and raw materials available to produce those goods held by a company.