When You Save a Microsoft Office File to OneDrive, Where

question 756

Multiple Choice

When you save a Microsoft Office file to OneDrive, where are you saving it?

• A) in a storage area located on a server
• B) on your hard drive
• C) on a flash drive
• D) at the Microsoft Office website

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Definitions:

Equity

The value of an ownership interest in property, including shareholders' ownership in a company.

Accounting Equation

The fundamental principle of accounting stating that Assets = Liabilities + Equity.

Measurement Principle

A financial accounting principle that determines the specific basis (historical cost or fair value) on which assets and liabilities are recorded in the financial statements.

Actual Cost

The incurred cost that reflects the real financial expenditure on a project, purchase, or activity.