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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. When Simon creates a macro, which of the following is a valid macro name?
Commercial Substance
A situation where the risk, timing, or amount of the entity's future cash flows changes as a result of a financial transaction.
Equity Method
An accounting technique used by firms to assess the profits earned by their investments in other companies, where the investment is recorded at original cost and subsequently adjusted to reflect the investor's share of the net assets of the investee.
Carrying Value
The book value of an asset or liability on a company's balance sheet, representing its value according to accounting standards.
Unrealized Gain
A profit that results from an investment that has increased in value but has not yet been sold for cash.
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