John Is Working Extensively on a Document Enhancement Task

question 54

Multiple Choice

John is working extensively on a document enhancement task. The textual content for the document is ready. However, he has been told to utilize graphics and document enhancement techniques to highlight and format important textual content. To apply text effects to the text, John has to click the Text Effects and ____ in the Font group on the Home tab. ​

• A)Paint button
• B)Themes button
• C)Typography button
• D)Watermark button

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Definitions:

Goodwill Method

An accounting method used to evaluate the excess of purchase price over the fair value of net identifiable assets acquired in a business combination.

Journal Entries

Recorded transactions in the accounting records of a business that are used to transfer amounts from one account to another, ensuring the ledger remains in balance.

Fair Value

Fair value is an estimate of the market value of an asset, based on its current price in a fair and open market transaction.

Bonus Method

A method in accounting for partnerships where a new partner's investment is recorded at an amount that is different from the stated value of the partnership's net assets, affecting the capital accounts of the existing partners.