When Using Microsoft Office, the Default Location for Saving Files

question 15

Multiple Choice

When using Microsoft Office, the default location for saving files is ________.

• A)DropBox
• B)OneDrive
• C)Google Drive
• D)iCloud

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Definitions:

Sales On Account

Transactions where goods or services are sold and delivered, but payment is agreed to be made at a later date.

Internal Controls

Processes and procedures implemented by a business to safeguard its assets, enhance the reliability of its accounting records, ensure compliance with laws, and promote efficient operations.

Accounting System

A structured process of recording, summarizing, and analyzing an organization's financial transactions.

Chart of Accounts

A systematic list of all account titles and numbers being used by an organization to organize its financial transactions and prepare financial statements.