Round the Following Number to the Nearest Hundred and the Nearest

question 101

Essay

Round the following number to the nearest hundred and the nearest ten.
1,582
to the nearest hundred: __________
to the nearest ten: __________

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Definitions:

Change In Accounting Principle

An adjustment made to the accounting methods used by a company, often requiring retrospective application to prior period financial statements.

Net Income

The remaining earnings of a firm once subtracting every expense and tax from its total income.

Extraordinary Item

Events or transactions that are distinct from the ordinary activities of a company, which are unusual in nature and infrequent in occurrence.

Income Statement

A financial statement that shows a company's revenues, expenses, and profits or losses over a specific period of time.