Which Statement Is True Regarding the CInt Function

question 5

Multiple Choice

Which statement is true regarding the CInt function?

• A) It converts letters to numbers.
• B) It cannot convert a string such as "24.7" to an integer.
• C) A floating-point number such as 24.7 is converted to 24, dropping its decimal positions.
• D) A floating-point number such as 24.7 is converted to 25, rounding its decimal positions.

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Definitions:

FIFO Cost Method

An inventory valuation method that assumes goods are sold in the order they were acquired, using the costs of the earliest items first.

Ending Inventory

This is the total value of all inventory still available for sale at the end of an accounting period.

Periodic Inventory System

An inventory accounting method where inventory levels and cost of goods sold are determined at the end of an accounting period.

Beginning Inventory

The value of all inventory that a company has in stock at the start of an accounting period.