Which of the Following Is FALSE About the Use of Percentages

question 19

Multiple Choice

Which of the following is FALSE about the use of percentages when reporting results?

• A)Unless decimals have a special purpose,they should be omitted.
• B)Percentages should be rounded to whole numbers.
• C)Decimals may convey greater accuracy than the figures can support.
• D)It is unnecessary and redundant to include percentages along with the raw count for frequency analyses.
• E)All of these statements are true concerning the use of percentages when reporting results.

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Definitions:

Premium

The amount by which the price of a financial instrument or commodity exceeds its principal or face value, or the amount paid for an insurance policy.

Coupon Rate

The yearly rate of interest that the entity issuing a bond pays to its investors, typically shown as a portion of the bond's nominal value in percentage terms.

Ask Price

The ask price is the lowest price a seller is willing to accept for a security, commodity, or currency in financial markets.

Face Value

The nominal value printed on a bond, note, or financial document, representing its worth at maturity or when redeemed.