If You Assign a Macro to a Button, Where Does

question 100

Multiple Choice

If you assign a macro to a button, where does that button display?

• A)In the Macro Buttons group
• B)In the document
• C)On the Developer tab
• D)On the Quick Access Toolbar

Identify the broad issues in receivables policy including criteria for credit, terms of sale, and handling of delinquent customers.

Comprehend the benefits and consequences of extending trade credit.

Understand the implications of credit policy on bad debts and accounts receivable performance (ACP).

Recognize the use of financial mechanisms to manage and optimize cash flow, like ZBAs and lockbox systems.

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Definitions:

Installment

A method of paying for goods or services or the repayment of a loan in parts, typically on a monthly basis, over a period of time.

Cost Recovery

The process of regaining the value of an investment or expense, often through depreciation, amortization, or directly recouping expenses.

Gross Profit

The financial metric that represents the difference between revenue and the cost of goods sold (COGS) before deducting overhead, payroll, taxation, and interest payments.

Net Sales

The revenue a company earns from sales after subtracting the money refunded for returns, compensation for damaged or missing items, and any discounts offered.