All of the Following Are True EXCEPT ____

question 79

Multiple Choice

All of the following are true EXCEPT ____.

• A) an older version of a software package may not open a file created in a newer version of the software
• B) the default extension for most Word 2007 files is .doc
• C) with Microsoft Office Open XML Format, files are automatically compressed
• D) because of the cost of software, most schools do not upgrade their software each time a manufacturer releases a new version

---

Definitions:

Tax Evasion

The illegal act of not paying taxes by individuals, corporations, and trusts, through various means including dishonest tax reporting.

Criminally Negligent

Involving a lack of care or foresight in actions or omissions that lead to unlawful harm or damage to others.

Profit Maximization

The process or strategy of adjusting the production and sale of goods and services to achieve the highest possible profit.

Corporate Structure

The organizational design and operational hierarchy within a corporation that outlines roles, responsibilities, and relationships between different entities.