A(n) ____________________ Is a Predefined Formula That Performs Common Calculations

question 67

Short Answer

A(n) ____________________ is a predefined formula that performs common calculations, such as adding the values in a group of cells.

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Definitions:

Offering

The process or act of presenting something for acceptance, consideration, or use, such as a financial instrument or a proposal.

Discharge by Performance

The termination of a contractual obligation when both parties fulfill their respective duties as agreed in the contract.

Discharged

The state of being released from a legal, financial, or other obligation.

Substantially Performed

A legal concept indicating that a contract has been fulfilled enough to meet its essential requirements, despite minor variances from the exact terms.