What Does the Term "Significant Figure" Mean

question 16

Multiple Choice

What does the term "significant figure" mean?

• A)All digits in a number that are known exactly.
• B)The first digit in a number that is known exactly, plus one that is an estimate.
• C)All digits in a number that are known exactly, plus one that is an estimate.
• D)None of the above.

---

Definitions:

Speed Up Payments

Actions or policies implemented to reduce the time it takes to receive payments from customers, thereby improving cash flow.

Lockboxes

A service provided by banks to process payments more quickly by having checks sent to a special post office box instead of the company's address.

Customer Payments

The payments made by customers for products or services received from a company.