Critical Thinking Questions Case 3-2 Your New Volunteer Position Is

question 115

Multiple Choice

Critical Thinking Questions Case 3-2 Your new volunteer position is to work with middle school youth in the computer lab. The Volunteer Coordinator has asked if you would be available to answer student questions during today's lab session. Steve, Becky's lab neighbor, overhears your tip and asks how make a color photo appear in black and white. You direct him to the Color button, and advise him to follow which path to get there?

• A)PICTURE TOOLS FORMAT tab | Adjust group
• B)DRAWING TOOLS FORMAT tab | Arrange group
• C)HOME tab | Paragraph group
• D)PICTURE TOOLS FORMAT tab | Arrange group

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Definitions:

Consolidated Retained Earnings

Represents the cumulative amount of net income earned by a parent company and its subsidiaries over time, after dividends are paid to shareholders, consolidated to a single figure.

Consolidated Statement

A financial statement that aggregates the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries to reflect the total financial position and results of the group.

Financial Position

An entity's economic state, represented by its assets, liabilities, and equity at a given point in time.

Acquisition Differential

The gap between what is paid for an acquisition and the fair value of the clearly identified assets acquired.