Which Sentence Expresses Numbers Correctly

question 4

Multiple Choice

Which sentence expresses numbers correctly?

• A) We anticipate that nearly 1,200,000 individuals will visit our website this year.
• B) We anticipate that nearly one point two million individuals will visit our website this year.
• C) ​We anticipate that nearly 1.2 million individuals will visit our website this year.

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Definitions:

Dual Effects Concept

An accounting principle that recognizes each transaction as having at least two effects on the accounting equation.

Income Statement

A financial statement that reports a company's revenues, expenses, and profits over a specific period.

Accounting Equation

An equation representing the relationship between a company's assets, liabilities, and equity; Assets = Liabilities + Equity.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing the ownership interest of the shareholders.