A Range Name

question 55

Multiple Choice

A range name

• A) Indicates a cell's specific location and the reference does not change when you copy the formula.
• B) is a word or a string of characters that represent one or more cells.
• C) indicates a cells relative location from the cell containing the formula.
• D) creates an Equals (=) sign.

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Definitions:

Impairment

A reduction in the recoverable value of an asset below its carrying amount on the balance sheet, reflecting a decline in the asset's utility.

Residual Value

The estimated value that an asset will have at the end of its useful life, often used in calculating depreciation.

Indirect Method

A method used in the preparation of cash flow statements, where net income is adjusted for non-cash transactions, deferrals, and accruals to calculate net cash from operating activities.

Operating Activities

Activities directly related to the production and delivery of goods and services, which are central to a company's operations and cash flow.