All of the Financial Statements Are for a Period of Time

question 159

Multiple Choice

All of the financial statements are for a period of time except the

• A) income statement.
• B) retained earnings statement.
• C) statement of financial position.
• D) statement of cash flows.

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Definitions:

AutoSum Button

A feature in spreadsheet programs that automatically calculates the sum of a selected row or column with a single click.

Function

A named section of a program that performs a specific task and can return a value.

Absolute Cell Reference

In spreadsheet applications, a cell reference that remains constant even if the formula containing it is copied to another cell.

Relative Cell Reference

In spreadsheet applications, a cell reference that changes when it is copied or moved to another cell, adjusting its position relative to the new location.