The Arguments in an IF Function Are ____

question 52

Multiple Choice

The arguments in an IF function are ____.

• A) logical_test
• B) value_if_true
• C) value_if_true_false
• D) value_if_false

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Definitions:

Cost Of Goods Sold

represents the direct costs attributable to the production of the goods sold by a company, including material, labor, and manufacturing overhead costs.

Master Budget

The master budget is a comprehensive financial planning document that consolidates all of a company's individual budgets relating to sales, costs, operations, and capital.

Product

Any item or service offered to the market for consumption, use, or acquisition.

Merchandise Inventory

Goods that a company holds for the purpose of selling to customers in the ordinary course of business.