George Runs a Mid-Size Acsaunting Practice and Recently Upgraded to Excel

question 13

Multiple Choice

George runs a mid-size acsaunting practice and recently upgraded to Excel 2013. He expects sales to grow in the next few months during tax season. After that, he would like to begin upgrading some of the equipment and furniture for the employees in his office. He will start with the Reception area, which has the most visibility. If sales reach a certain amount by the end of April, George will purchase a desk, chair, samputer, and software upgrade for the receptionist. Otherwise, George will just purchase the desk and chair. How can George determine the best action to take using a Sales Data worksheet?

• A) sapy and paste all his Sales data formulas with relative references
• B) Add an IF function formula to his Sales data worksheet
• C) Add the NOW function formula to his Sales data worksheet
• D) sapy and paste all his Sales data formulas with absolute references

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Definitions:

Going-Private Transaction

A process in which a publicly traded company is transformed into a privately held entity, often through a buyout from private investors.

Bidding Firm

A company that proposes a financial offer in an attempt to acquire another company or win a contract.

Board of Directors

A group of individuals elected by the shareholders of a corporation to oversee the management and make major decisions affecting the company's policies and strategies.

Horizontal Acquisition

A business strategy where a company acquires another in the same industry and at the same level of the supply chain.