To Have Excel Enter the Lowest Price from a Range

question 29

Multiple Choice

To have Excel enter the lowest price from a range of prices,which of the following would you use?

• A) MAX function
• B) COUNT function
• C) MIN function
• D) COUNTA function

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Definitions:

Net Asset Balance Sheet Exposure

The risk of change in the value of a company's net assets due to exchange rate movements, reflected in the balance sheet.

Translation Adjustment

An adjustment made in the process of translating a foreign subsidiary's financial statements into the parent company's reporting currency.

Foreign Currency

Currency used in a country other than one's own, involving exchange risk when converting from one currency to another.