Meredith Was Using a Spreadsheet App When It Stopped Responding

question 755

Multiple Choice

Meredith was using a spreadsheet app when it stopped responding and closed unexpectedly.What happened to the app?

• A) a crash
• B) an activation
• C) a patch
• D) piracy

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Definitions:

Book Income

A company's income as reported in its financial statements, representing the difference between revenues and expenses.

Income Tax Rate

The portion of a person's or company's earnings that is handed over to the state in the form of taxes.

Deferred Income Tax Liability

A tax obligation that a company owes but has not yet paid, resulting from temporary timing differences between its accounting earnings and its taxable income.

Potential Benefit

The future gain or return that may be obtained as a result of an investment or action.