Case 9-2 Sarah Is Preparing the Annual Financial Report of Her

question 54

Multiple Choice

Case 9-2 Sarah is preparing the annual financial report of her company using Microsoft Word 2016.
While reviewing the report, Sarah accidently closes it. She wants to open the recently closed file. To do this, Sarah should click the Open option in the _____ in Backstage view.

• A)navigation bar
• B)Mini toolbar
• C)review pane
• D)View tab

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Definitions:

Inventory Management

The supervisory process focusing on ordering, storing, using, and selling a company's inventory.

Short-Term Debt Financing

Borrowing of funds for a period of one year or less to meet short-term financial needs of a company.

Credit Availability

The ease with which individuals or businesses can obtain loans or credit.

Cash Discounts

The amount by which a seller is willing to reduce the invoice price in order to be paid immediately, rather than in the future. A cash discount might be 2/10, net 30, which means a 2% discount if the bill is paid within 10 days, otherwise the entire amount is due within 30 days.