How Many Significant Figures Are There in the Result of the Following

question 53

Multiple Choice

How many significant figures are there in the result of the following calculation? (4.321/2.8) * (6.9234 * 10⁵)

• A) 1
• B) 2
• C) 3
• D) 4
• E) 5

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Definitions:

Financial Statements

Financial statements are official records that outline the financial activities and condition of a business, entity, or individual, including the balance sheet, income statement, and statement of cash flows.

External Customers

Individuals or entities that purchase goods or services from a business but are not part of the same organization.

Revenue Test

A criterion used to determine whether a particular amount of revenue can be recognized in a company's financial statements.

Profit or Loss Test

An analytical assessment to determine whether a financial transaction or strategy has resulted in financial gain or loss.