Refer to the Information Provided in Table 7

question 113

Multiple Choice

Refer to the information provided in Table 7.4 below to answer the questions that follow.
Table 7.4

-Refer to Table 7.4.If 2011 is the base year,the inflation rate between 2011 and 2012 is

• A)13.8%.
• B)12.2%.
• C)9.4%.
• D)7.0%.

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Definitions:

Disbursement Float

The time lag between when a payment is made by a company and when the funds are actually removed from the company's bank account.

Electronically

Through the use of electronic devices or systems, especially over digital networks.

Positive

An attribute of numbers greater than zero or situations that are beneficial or desirable.