The Format Specifier

question 9

Multiple Choice

The format specifier %.2f specifies that two digits of precision should be output ________ in the floating-point number.

• A)to the left of the decimal point
• B)centered
• C)to the right of the decimal point
• D)None of the above.

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Definitions:

Significant Influence

The power to participate in the financial and operating policy decisions of an investee but is not control or joint control over those policies.

Net Book Value

The value of an asset after deducting accumulated depreciation, amortization, and impairment from its original cost.

Investment Account

A financial account held at a financial institution that holds securities, cash, and other assets for investment purposes.

Goodwill

An asset without physical form that is generated when one company buys another at a price greater than the fair value of the acquired company's net assets that can be identified.