A Border (As It Applies to Excel)

question 23

Multiple Choice

A Border (as it applies to Excel)

• A) is data from another cell that is only temporarily residing in the active cell.
• B) is a line that surrounds a cell or a range of cells.
• C) never prints.
• D) is preset and weight cannot be adjusted.

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Definitions:

Shareholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities, representing what the shareholders own outright.

Liabilities

Financial obligations or debts that a company owes to others, which must be paid in the future, such as loans, accounts payable, or mortgages.

Statement of Cash Flows

A financial statement that shows the cash inflows and outflows for a company over a specified period, classified into operating, investing, and financing activities.

Financial Position

The status of the assets, liabilities, and equity of an entity at a given point in time, as outlined on the balance sheet.