How Many Significant Digits Should Be Reported in the Answer

question 4

Multiple Choice

How many significant digits should be reported in the answer to the following calculation?
(4.921) + (16.2) =

• A)3
• B)2
• C)1
• D)4
• E)none of the above

Recognize the professional responsibilities of accountants in preparing financial statements and providing opinion letters.

Analyze potential liability scenarios for accountants under different legal provisions, including negligence and intentional fraud.

Understand the specific rules and penalties associated with the understatement of tax liabilities.

Comprehend the professional and legal ramifications of omitting material facts in financial reports.