In Performing a Multistep Multiplication or Division Calculation,when Should You

question 93

Multiple Choice

In performing a multistep multiplication or division calculation,when should you round off the answer in the calculator display?

• A)after each step in the calculation
• B)after the first unit factor
• C)after the second unit factor
• D)after the final calculation
• E)none of the above

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Definitions:

Variable Cost

Expenses that vary directly with the amount of products or services a company generates.

Fixed Costs

Costs that remain constant regardless of a company's level of activity, including expenses like rent, salaries, and insurance.

Profit

The financial gain made in a transaction or operation, calculated as the difference between revenue and expenses.

Contribution Rate

The percentage of income that is saved or invested, often in the context of pension plans or retirement savings.