Kendra Is Working on a Document in Outline View

question 24

Multiple Choice

Kendra is working on a document in Outline view.She only wants to see the first line of each paragraph in the document.She should do which of the following?

• A) Click the Show Text Formatting button.
• B) Click the Show First Line Only button.
• C) Click the Lock Document button.
• D) Set the Show Level option to All Levels.

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Definitions:

Taxable Income

Earnings subject to taxation, which equals gross income minus any allowable deductions and exemptions.

Non-Dividend Paying Corporation

A corporation that chooses not to distribute any part of its earnings to shareholders as dividends, typically to reinvest in the business.

Limited Liability Company

An organizational form that merges the direct taxation benefits of a partnership or sole proprietorship with the limited legal responsibility characteristic of a corporation.

Hedge Funds

Investment funds that employ diverse strategies to earn active returns for their investors, often engaging in more complex trading, portfolio-construction, and risk management techniques than conventional mutual funds.