Ellie Wants to Use Office 2011 for Her Catering Business

question 28

Multiple Choice

Ellie wants to use Office 2011 for her catering business.For example, she plans to use Word to maintain her collection of recipes, and Excel to manage her budget.To get started, Ellie turns to you for help in understanding the components that appear in the Microsoft Word window.Ellie next asks you about the component located near the top of the window below the title bar.You explain that it provides easy, central access to the tasks performed while creating a document.What is the name of this component?

• A)scroll bar
• B)status bar
• C)ribbon
• D)Standard toolbar

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Definitions:

Total Assets

The sum of all resources controlled by a company as a result of past transactions, expected to provide future economic benefits, including both current and non-current assets.

Transfer Price

The price at which goods and services are sold between divisions within the same company.

Excess Capacity

The unused production capability of a company, indicating that the company can produce more than is currently being demanded.

Expense Allocation

The process of identifying, aggregating, and assigning costs to cost objects like departments, products, or projects.