The Term Significant Digits Refers to the Number of Places

question 7

True/False

The term significant digits refers to the number of places that a computer can accurately represent to the right of the decimal point.

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Definitions:

Revenue Accounts

Accounts that track the income generated from a company's operations, such as sales revenue, service revenue, and interest income.

Liability Accounts

Accounts on a company's balance sheet that track what the company owes to others, such as loans payable, accounts payable, and mortgage payable.