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Kelsey and Matt Are in the Same Advanced Access Class

question 31

Multiple Choice

Kelsey and Matt are in the same advanced Access class and have teamed up to help each other understand VBA. In order to prepare for the VBA test, each has created a multiple choice quiz for the other. Some of Kelsey's questions are shown below.
-Which of the following types of procedures is generally stored in standard modules vs. class modules?


Definitions:

Ordinary Simple Interest

Interest calculated only on the principal amount, not on the interest that accrues over time.

360-Day Year

An artificial accounting period used in finance that simplifies the calculation of interest by assuming each month has 30 days, resulting in a calendar year of 360 days.

Ordinary Simple Interest

Interest calculated on the principal amount of a loan or investment without compounding, based on a 365-day year.

360-Day Year

A simplified accounting method where the year is considered to have 360 days for the calculation of interest and other financial metrics.

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