Round the Following Number to Four Significant Figures and Express

question 18

Multiple Choice

Round the following number to four significant figures and express the result in standard exponential notation: 442,722

• A) 0.4427 × 10⁶
• B) 442,700
• C) 4.427 × 10^-5
• D) 4.427 × 10⁵
• E) 44.27 × 10⁴

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Definitions:

Accounting Period

A specific time frame used for financial reporting, typically encompassing a quarter or a year, during which a company reports its financial performance.

Acid-Test Ratio

A financial ratio that measures a company's ability to pay off its current liabilities with its most liquid assets, providing a stringent measure of liquidity.

Current Assets

Resources anticipated to be transformed into cash, disposed of, or utilized within a twelve-month period or the duration of the operating cycle, depending on which is greater.

Current Liabilities

Short-term financial obligations due within one year, including accounts payable, short-term loans, and other debts.