What Microsoft Tool Would Most Likely Be Used to Create

question 21

Multiple Choice

What Microsoft tool would most likely be used to create a pivot table?

• A)Word.
• B)Excel.
• C)Power BI.
• D)Powerpoint.

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Definitions:

Spot Rate

The current price in the foreign exchange market at which a currency can be bought or sold for immediate delivery.

Forward Rate

The agreed-upon exchange rate for a currency or commodity to be delivered and paid for at a future date.

Loan Payable

A liability account on the balance sheet representing the amount of borrowed funds that a company must repay to creditors.

Exchange Rates

The rate at which one currency can be exchanged for another, influencing international trade, investments, and travel.