What Effect Does the Acsaunting Number Format Have on the Selected

question 61

Multiple Choice

What effect does the Acsaunting Number Format have on the selected cells?

• A) sanverts alphabetic characters to numbers
• B) Displays cell santents with two decimal places that align vertically
• C) Performs tax calculations
• D) sapies the numbers of one cell to another

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Definitions:

Equity Method Investments

An accounting technique used to record investments in which the investor has significant influence over the investee but does not control it outright, typically through the ownership of 20% to 50% of the voting stock.

Cash Dividends

A financial distribution in the form of cash from a corporation to its investors as profits.

Dividend Revenue

Income received from owning shares in a company when the company decides to distribute some of its earnings to shareholders.

Unrealized Gain

The paper profit attributed to an investment that has increased in value but has not yet been sold by the investor.