Critical Thinking Questions Case 11-2 Carrie Has a Very Repetitive

question 78

Multiple Choice

Critical Thinking Questions Case 11-2 Carrie has a very repetitive formatting task that she wants to automate, and she knows a macro is a great choice for her. What is the correct sequence of steps for Carrie to follow as she anticipates using the macro recorder to automate her tasks?

• A) Start the macro recorder, execute the actions to be recorded, specify options about the macro, stop the macro recorder.
• B) Specify options about the macro, execute the actions to be recorded, start the macro recorder, stop the macro recorder.
• C) Start the macro recorder, specify options about the macro, execute the actions to be recorded, stop the macro recorder.
• D) Start the macro recorder, stop the macro recorder, specify options about the macro, execute the actions to be recorded.

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Definitions:

EBIT

A financial indicator, Earnings Before Interest and Taxes, reflects a company's earnings by removing the effects of interest and tax expenses.

Fixed Costs

Costs that do not change with the level of output or sales in the short term.

EPS

Earnings Per Share, a measure of a company's profitability, calculated as net income divided by the number of outstanding shares.

DFL

Degree of Financial Leverage, a ratio that measures the sensitivity of a company's earnings per share to fluctuations in its operating income due to changes in its capital structure.