Case-Based Critical Thinking Questions Case 8-3 Simon Wants to Learn

question 57

Multiple Choice

Case-Based Critical Thinking Questions Case 8-3 Simon wants to learn more about ways to automate Word with macros. Because he has been told that this will be a significant time-saver for him, he signs up for a brief tutorial at his local community college to get him started. Simon's instructor is offering some information about macros. Which of the following is NOT a true statement she can offer to Simon?

• A) The name of a macro should summarize its function.
• B) Macros are sometimes used to spread computer viruses.
• C) On most computers, Word is set to run macros automatically.
• D) You can assign a macro to a button.

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Definitions:

Temporary Investments

Investments not intended to be held for a long term, such as stocks or bonds, purchased with the intention of selling in the near future.

Accounts Receivable

Money that is owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Quick Ratio

A liquidity measure that indicates a company’s ability to pay its current liabilities without relying on the sale of inventory, calculated as (current assets - inventories) / current liabilities.

Liability Likelihood

Refers to the probability that a company will be responsible for payment due to a debt, claim, or lawsuit.