What Effect Does the Comma Style Format Have on the Selected

question 6

Multiple Choice

What effect does the Comma Style format have on the selected cells?

• A) Converts decimals to commas within a cell
• B) Converts decimals to commas within merged cells
• C) Displays cell contents with two decimal places and commas as thousands separators
• D) Allows for substitution of selected characters

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Definitions:

Employee Vacation Pay

Compensation owed to employees for the time they have accrued but not taken as vacation.

Warranty Costs

Expenses a company incurs for repairing or replacing defective products under warranty.

Accrue

The process of recognizing revenue or expenses in the periods in which they are earned or incurred, regardless of when cash transactions occur.

IFRS

IFRS, or International Financial Reporting Standards, are a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for preparing financial statements.