Match the Following Excel Elements with Their Description or Action

question 32

Multiple Choice

Match the following Excel Elements with their description or action:
i. Enter
II. Cancel
III. Status bar
IV. Zoom control
v. Formula bar

• A) Reverts back to previous data
• B) Shows the contents of the active cell
• C) Displays information about a command or operation as it is being performed
• D) Accepts the data
• E) Allows you to see more or less on the screen at one time

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Definitions:

Insurance Payable

A liability account that represents amounts owed for insurance premiums that are due but not yet paid.

Proprietorship

A business owned by one individual.

Drawing

Drawing refers to the withdrawal of cash or other assets from a company by the owner(s) for personal use, decreasing the owner's equity in the business.

Decrease In Assets

A reduction in the value or amount of the assets owned by a company or individual.