Which of the Following Is NOT a Guideline to Follow

question 70

Multiple Choice

Which of the following is NOT a guideline to follow when building formulas and functions?

• A) Do not overuse parentheses..For example, use =SUM(Sales) instead of =(SUM(Sales)).
• B) Avoid unneeded spaces in formulas.
• C) Always put quotation marks around numeric values.
• D) Use the negative sign, as in -333, to indicate negative numbers in formulas, rather than (333).

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Definitions:

Direct Method

A cash flow statement preparation approach that lists major operating cash receipts and payments, providing a clearer view of cash flow sources and uses.

Total Assets Ratio

A financial ratio comparing the total assets of a company to another financial metric, often used to assess a company's leverage or investment efficiency.

Long-Term Assets

Assets expected to provide economic benefits over a period longer than one year, such as buildings, machinery, and land.

Total Assets Ratio

A financial metric that measures the efficiency of a company's use of its assets to generate revenue.