When Using Spreadsheet Software, Like That Shown in the Accompanying

question 13

Multiple Choice

When using spreadsheet software, like that shown in the accompanying figure, the rows and columns collectively are called a(n) ____.

• A)workbase
• B)worksheet
• C)workbook
• D)workform

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Definitions:

Deposits

Funds placed into a bank account or towards the purchase of an asset, representing a liability for the bank or a commitment by the buyer.

Liability

A financial obligation or debt owed by a company to another entity, which must be settled in the future through the transfer of assets or services.

Petty Cash

Petty cash is a small amount of cash on hand used for paying expenses too small to merit writing a check or using a credit card.

Cash Payments

Transactions where money is paid out by a business or individual in exchange for goods or services.