Which of the Following Statements Is False

question 30

Multiple Choice

Which of the following statements is false?

• A) A floating-point number is a number with a decimal point.
• B) Java provides two primitive types for storing floating-point numbers in memory-float and double.
• C) Variables of type float represent single-precision floating-point numbers and have seven significant digits.
• D) Variables of type double represent double-precision floating-point numbers; these require twice as much memory as float variables and provide 14 significant digits.

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Definitions:

Prepaid Rent Expense

An expense account that records payments for rent made in advance of the rental period.

Adjusting Entry

At the end of an accounting timeframe, records are made to attribute income and spending to the specific period in which they were incurred.

Accumulated Depreciation

The total sum of depreciation for a fixed asset that has been charged to expense since the asset was acquired and placed into service.

Book Value

The value of an asset as recorded on the balance sheet, calculated as the cost of the asset minus any accumulated depreciation.