What Are Binary Integer Variables

question 17

Multiple Choice

What are binary integer variables?

• A) Variables with any two values, a and B.
• B) Variables with values 0 and 1.
• C) Variables whose sum of digits is 2.
• D) Variables with values between 0 and 1.

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Definitions:

Liabilities

Obligations owed by a business to either creditors or suppliers, often in the form of loans or accounts payable.

Net Income

The amount of money a company has earned after all expenses, including taxes and costs, have been subtracted from total revenue.

Beginning Equity

The amount of owners' equity in a business at the start of an accounting period, reflecting the net value of the business's assets minus its liabilities.

Dividends

Payments made by a corporation to its shareholder members, often derived from the company's profits.