Ian Needs to Extract the Day from the Date 5/31/2017

question 10

Multiple Choice

Ian needs to extract the day from the date 5/31/2017 entered in cell A1.Which formula can he use to do this?

• A) =DAY(A1)
• B) =DAY("A1'')
• C) =DATE(DAY(A1))
• D) =DATE("DAY"(A1))

Differentiate between the accounting treatments under periodic and perpetual inventory systems.

Distinguish between current and quick ratios in evaluating company liquidity.

Understand the impact of trade discounts, sales discounts, returns, and allowances on financial performance.

Understand the specific accounting standards applicable to various types of health care entities.

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Definitions:

Square Footage

The total area of a space or surface measured in square feet.

Operating Income

The profit generated from a company's core business operations, excluding deductions of interest and taxes.

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organizational performance against strategic goals.

Performance Measures

Key indicators used to evaluate the efficiency, effectiveness, and performance of an organization or individual.