The Metric Prefix K Would Be Presented as 10 to the Power

question 87

Multiple Choice

The metric prefix k would be presented as 10 to the power of:

• A)-3
• B)3
• C)12
• D)-9

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Definitions:

Estimated Life

The expected period during which an asset is considered to be useful in operations, affecting depreciation calculations.

Capital Expenditure

Resources deployed by a business to buy, enhance, and manage material assets, including real estate, manufacturing facilities, or devices.

Debit

Amount entered on the left side of an account.

Expense Account

An accounting entry that represents consumption of assets, decrease in owners' equity, or incurrence of liabilities during a period as a result of operational activities.