Which of the Following Save Options Should You Use So

question 43

Multiple Choice

Which of the following save options should you use so that someone who has an earlier version of Excel can view your Excel document?

• A) Excel 2010 Workbook
• B) Excel 97-2003 Workbook
• C) Excel 2003-2007 Workbook
• D) Excel 98 and Later Workbook

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Definitions:

Elastic

Describes a situation in which the quantity demanded or supplied of a good or service is highly responsive to changes in price.

Inelastic

Describes a situation where the demand or supply for a product does not significantly change with the price's increase or decrease.

Taxable Income

The portion of an individual's or entity's income used to determine how much tax is owed to the government in a specific period.

Progressive

A tax system where the tax rate increases as the taxable amount increases, often aimed at achieving a more equitable distribution of income.