A 40-Month Insurance Policy Was Purchased for $2,100 on May

question 145

Multiple Choice

A 40-month insurance policy was purchased for $2,100 on May 1. How much insurance will be expensed on December 31?

• A)$2,100
• B)$53
• C)$210
• D)$420

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Definitions:

Operating System

An operating system (OS) is software that manages computer hardware, software resources, and provides common services for computer programs.

macOS

An operating system developed by Apple Inc. for Macintosh computers, known for its intuitive user interface and reliability.

Microsoft Windows

An operating system developed by Microsoft Corporation, providing a graphical user interface for personal computers and offering various software applications for productivity, entertainment, and internet access.

Screen Resolution

The number of distinct pixels that can be displayed in each dimension on a display screen, affecting the sharpness and clarity of the image.