Why Is the Use of the U

question 92

Multiple Choice

Why is the use of the U.S.dollar as a unit of measure for financial statement data in the U.S.widely accepted?

• A) U.S.dollar remains stable over a long period of time.
• B) U.S.dollar is universally recognized as a reliable financial measure.
• C) U.S.dollar is the medium of monetary exchange in the U.S.
• D) U.S.dollar is required for financial statement presentation by the FASB and SEC.

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Definitions:

Alternate Row

In spreadsheet and database applications, an alternate row refers to the practice of visually differentiating consecutive rows by using varied colors or shading to improve readability.

Report Layout

The structure, design, and formatting of a report document, which allows for the organized presentation of data.

Conditional Formatting

A feature in data visualization tools and spreadsheets that applies formatting to data cells based on certain conditions, enhancing data readability and analysis.

Font Color

The color attribute applied to text in documents, presentations, or web pages to enhance readability or aesthetic.