Typically, the Default Font Size in Word Is ____

question 95

Multiple Choice

Typically, the default font size in Word is ____.

• A)8
• B)12
• C)14
• D)16

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Definitions:

Long-term Notes Payable

Liabilities or debts with a repayment period extending beyond one year, evidenced by a formal promissory note.

Floating Interest Rates

Interest rates that fluctuate over time based on the market or an index.

Interest Expense

The cost incurred by an entity for borrowed funds over a period, shown as an expense in the income statement.

Bank Loan Payable

A liability account that records the amount owed to a bank by the borrower, to be paid back with interest.