The ____ Feature Is Especially Useful When Working with Very

question 81

Multiple Choice

The ____ feature is especially useful when working with very large worksheets.

• A) model
• B) summary
• C) outline
• D) auditing

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Definitions:

Terminate

To bring to an end; this can relate to employment, contracts, or services, among others.

Corporate Alternative Minimum Tax

A parallel tax system aimed at ensuring that corporations pay at least a minimum amount of tax, regardless of deductions or credits that would otherwise lower their tax bill.

Exemption Amount

This refers to a specific dollar amount that taxpayers can claim for themselves and their dependents to reduce taxable income.

Parent-Subsidiary Group

A group consisting of a parent company and one or more subsidiaries, which are companies controlled by the parent company.