Simplify the Numerical Expression $$\frac { 1 } { 2 } + \frac { 1 } { 11 } + \frac { 1 } { 7 } + \frac { 1 } { 3 }$$

question 234

Multiple Choice

Simplify the numerical expression. Remember that fractions are not considered simplified unless they are reduced. $$\frac { 1 } { 2 } + \frac { 1 } { 11 } + \frac { 1 } { 7 } + \frac { 1 } { 3 }$$

• A) \(1 \frac { 1 } { 154 }\)
• B) \(\frac { 1 } { 462 }\)
• C) \(1 \frac { 31 } { 462 }\)
• D) \(\frac { 1 } { 23 }\)
• E) \(\frac { 4 } { 462 }\)

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Definitions:

Consolidated Net Income

The total net income of a parent company and its subsidiaries after adjusting for intercompany transactions.

Intra-Entity Transfers

Transactions involving the transfer of goods, services, or resources between divisions or entities within the same company.

Operating Income

The profit realized from a business's core operations, excluding deductions of interest and taxes.

Accrual-Based

An accounting method that records revenues and expenses when they are incurred, regardless of when cash is exchanged.