When You Open a Word File That Is Linked to an Excel

question 29

Short Answer

When you open a Word file that is linked to an Excel file,you receive the following message: "This document contains links that may refer to other files.Do you want to update this document with the data from the linked files?" You can then click "____________________" to reestablish the links between the two files.

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Definitions:

Spending Variance

The difference between the actual amount spent and the budgeted amount for a particular cost or expense category.

Standard Cost

A predetermined cost of manufacturing or producing a product or performing a service under normal conditions.

Budget Variance

The difference between the budgeted or projected financial performance and the actual performance.

Fixed Overhead

Costs that do not vary with the level of production or sales, including expenses such as rent, salaries, and insurance.