How Many of the Following Statements Are Correct

question 377

Multiple Choice

How many of the following statements are correct?
I.-4 is a rational number
II.
Is an integer
III.0 is an integer
IV.
Is a rational number

• A) exactly one of them
• B) exactly two of them
• C) exactly three of them
• D) all of them
• E) none of them

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Definitions:

Ending Inventory

The total value or quantity of goods in stock at the end of an accounting period, reflecting purchases, sales, and adjustments during the period.

Weighted-Average Method

A cost accounting method used to determine the cost of goods sold and ending inventory, calculating an average cost per unit of inventory.

Work in Process

Work in process (WIP) refers to the materials and goods that are partway through the manufacturing process but are not yet complete.

Processing Department

A division within a company or factory where a specific type of processing or work is carried out.