Question

The number –1,000 can be used to indicate a(n) A. harvest of 1,000 bushels of wheat. B. increase in inventory of 1,000 units. C. withdrawal of $1,000 from a checking account. D. receipt of $1,000.

Answer 1

option C)

Explanation:

correct option is option C)

'- v e' sign represent the decrease.

so from the option we can see that

A) harvest of wheat will be gain to us so it will also not be -ve.

B) increase in inventory is clearly an addition so it cannot be denoted by negative sign.

D) receipt of money is again a gain so, it will not be -ve

the option left is c which is clearly stating that withdrawal of $1,000 which will be denoted by -1000.