Critical Thinking Questions Case 2-1 Leo, Owner of Leo's Bread

question 68

Multiple Choice

Critical Thinking Questions Case 2-1 Leo, owner of Leo's Bread Company, recently installed Excel 2013 and created a new workbook to track sales of different types of bread.He wants to determine which types of bread are the most popular among his customers.He is particularly interested in sales of rye bread, onion rolls, and bagels.Leo has formatted the sales numbers with the Accounting number format.Leo wants the sales numbers for rye bread, onion rolls, and bagels to look different each time the sales for each exceeds $500.What Excel feature can Leo use to accomplish this?

• A) Spell checker
• B) Conditional formatting
• C) Point mode
• D) Formulas version

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Definitions:

Budgeted Data

A financial plan for the future concerning the revenues and costs of a business.

Production Needs

Refers to the requirements necessary to complete the manufacturing process, including raw materials, labor, and machinery.

Raw Materials

The basic substances used in the production of goods, which are transformed during the manufacturing process.

Raw Materials Purchases

Expenditures for the acquisition of materials that are directly used in the production of goods or services.