For monetary calculations use the data type:
A)Single
B)Double
C)Decimal
D)Integer

Question

Quizplus · Accepted Answer

Decimal is the best choice for monetary calculations as it provides greater precision and accuracy than other data types. Single and Double data types can lose precision when performing calculations with very large or very small values, whereas the Integer data type cannot handle decimal points. Decimal, on the other hand, can handle precision up to 28-29 significant digits and is specifically designed for financial calculations.

For Monetary Calculations Use the Data Type