A Reference to a Range That Spans Two or More

question 110

Short Answer

A reference to a range that spans two or more sheets in a workbook is called a(n) ____________________ reference.

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Definitions:

Actual Cost

The direct costs incurred in the production of goods, including labor and materials.

Revenue Recognition Principle

An accounting principle that dictates that revenue should be recognized in the accounting period in which it is earned and realizable.

Recognized

Recognized, in accounting terms, refers to the official acknowledgment of a transaction or event in the financial statements through recording it.

Customers

Individuals or entities that purchase goods or services from a business, contributing to the company's revenue.