The Function of Trace Precedents and Trace Dependents Is to

question 22

Multiple Choice

The function of Trace Precedents and Trace Dependents is to

• A)highlight errors in copying and formula construction.
• B)ascertain how model parts are segregated.
• C)trace the range of cells included in the Watch Window box list.
• D)investigate the cell calculations in great detail.

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Definitions:

Pricing Errors

Instances where the listed price of a good or service differs from the intended or market appropriate price due to typographical, calculation, or understanding errors.

Excess Capacity

A situation where a company can produce more than is required to meet the demand, often leading to inefficiencies and increased costs.

Bidding Strategy

An approach used by businesses or individuals when competing for contracts or projects, involving how they price their bids to win the work while aiming to maximize profits.

Incremental Costs

The additional costs incurred when a business increases its level of output or activity by one unit.