COGNITIVE ASSESSMENT What Numbering System Uses Only the Numbers 0

question 70

Multiple Choice

COGNITIVE ASSESSMENT What numbering system uses only the numbers 0 and 1?

• A) octo system
• B) binary system
• C) 8-bit system
• D) ASCII system

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Definitions:

Du Pont Identity

A financial formula that breaks down return on equity into three component parts: profit margin, asset turnover, and financial leverage.

Return on Equity

A profitability ratio that highlights the level of profit a company achieves with the capital invested by shareholders.

Financial Statements

Comprehensive reports created to communicate an organization's financial performance, financial position, and cash flows over a specific period.