An Argument (As It Applies to Excel 2010)

question 53

Multiple Choice

An Argument (as it applies to Excel 2010)

• A) calculates the total of values contained in two or more cells.
• B) displays a list of functions and defined names as you enter a function.
• C) is an input such as a cell reference or a value needed to complete a function.
• D) is a small pop-up description that displays the results of the cell.

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Definitions:

Partnership Debts

Financial obligations that are the responsibility of a business partnership, to be repaid from the partnership's assets.

Ratification

The act of officially approving or confirming an action or decision, usually after the fact, which might not have been initially authoritative or agreed upon.

Apparent Authority

Apparent authority refers to a situation where a third party is led to believe that an agent has the right to act on behalf of a principal, regardless of whether this is true.

Actual Authority

The explicit power given to an agent by a principal, enabling the agent to perform acts on behalf of the principal.