James, a High School Student, Is Formatting His Report in Microsoft

question 61

Multiple Choice

James, a high school student, is formatting his report in Microsoft Word 2016. To change the font size, he selects the Home tab in the application window. If James is using the Office theme, on selection of the Home tab, the tab will turn _____ in color. ​

• A)blue
• B)gray
• C)black
• D)green

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Definitions:

Sunk Costs

Sunk costs are expenses that have already been incurred and cannot be recovered.

Opportunity Costs

The forfeiture of possible benefits from different options when selecting one option over the others.

Terminal Cash Flow

The net cash flow received or paid at the end of a project's life, including salvage value and net working capital recovery.

Straight Line

A method of calculating depreciation or amortization by spreading the cost evenly over the useful life of an asset.