A Number or Date Entered into a Cell of a Spreadsheet

question 243

Multiple Choice

A number or date entered into a cell of a spreadsheet is called a __________.

• A) label
• B) heading
• C) formula
• D) value

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Definitions:

Extraordinary Income

Uncommon and infrequent gains not related to the normal operations of a business.

Effective Interest Amortization

A method for calculating the amortized cost of a bond or loan based on periodic interest expense, reflecting the actual interest rate.

Bonds Outstanding

The total amount of bonds that have been issued by a corporation or government entity that remain unpaid.

Retirement Entry

An accounting entry that records the removal of fixed assets or inventory from the company's records upon their disposal or sale.