Instead of Writing a Fraction, a Point

question 4

Short Answer

Instead of writing a fraction, a point (.) called a ____________________ ____________________ is used to indicate a decimal fraction.

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Definitions:

Decision Making

The cognitive process of selecting a course of action from among multiple alternatives, often involving aspects of psychology, economics, and management.

Planning and Control

Planning and Control encompass the processes used by management to set goals, implement strategies, and ensure the organization's resources are used effectively and efficiently to achieve them.

Transfer Price

The price at which goods or services are sold between divisions within the same company.

External Market

The environment outside a business in which it operates, dealing with the supply, demand, and pricing of goods and services.