Which of the Following Is the Function in the Following

question 185

Multiple Choice

Which of the following is the function in the following formula:
=AVERAGE(E2:E5)

• A)E2:E5
• B)AVERAGE
• C)=
• D)none of the above are functions

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Definitions:

Construction Expense

Costs directly related to the construction of a building or infrastructure, including materials, labor, and other expenses incurred during the process of building.

Percentage-Of-Completion Method

An accounting technique used to recognize revenue and expenses of long-term contracts as a percentage of work completed during the period.

Actual Construction Costs

The total expenses incurred during the construction of a building or infrastructure, including materials, labor, and any other costs.

Expenditures

Money spent or costs incurred in an organization's efforts to generate revenue.