For Precise Monetary Calculations, Use Class____________(package Java

question 9

Multiple Choice

For precise monetary calculations, use class____________(package java.math) -rather than type double-to represent the monetary amounts and perform calculations.

• A) MonetaryAmount
• B) Cash
• C) BigDecimal
• D) None of the above.

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Definitions:

Public Offerings

The process by which a company sells its shares to the public for the first time through a stock exchange.

Partnership

A legal form of business operation between two or more individuals who share management and profits.

Sole Proprietorship

A business structure where a single individual owns, manages, and is responsible for all aspects of the business, including its debts.

Closed Receivership

A legal process where a receiver is appointed to manage the affairs, assets, and liabilities of a distressed or insolvent company until a resolution is found.