The Measurement Is $8 \frac { 15 } { 22 }$

question 62

Multiple Choice

The measurement is $8 \frac { 15 } { 22 }$ in. Find the precision and the greatest possible error of the measurement.

• A) \(\frac { 1 } { 22 }\) in., \(\frac { 1 } { 66 }\) in.
• B) \(\frac { 1 } { 22 }\) in., \(\frac { 1 } { 22 }\) in.
• C) \(\frac { 1 } { 44 }\) in., \(\frac { 1 } { 22 }\) in.
• D) \(\frac { 1 } { 22 }\) in., \(\frac { 1 } { 44 }\) in.
• E) none of these

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Definitions:

Accrued Interest

Interest that has been incurred but not yet paid, typically relating to bonds or loans.

Debt Restructuring Gain

A financial benefit realized by modifying the terms of debt agreements, usually resulting in a reduction in the obligated repayment amount or an extension of payment terms.

Extraordinary

Refers to gains or losses in a company's financial statements that are both unusual and infrequent in nature.

Securitization Entity

A structured entity created to pool various financial assets and then sell them to investors, converting illiquid assets into liquid ones.