Which of the Following Is a Reason Why There Is

question 72

Multiple Choice

Which of the following is a reason why there is a space between the dollar sign and the left edge of the cell in the accounting format?

• A)To format numbers in the default number format for Microsoft Excel
• B)To ensure that there is space for decimal points
• C)To leave space on either side for the parentheses that surround negative numbers
• D)To make sure that all the cells are aligned with the numbers

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Definitions:

Percent Change

A mathematical calculation that shows how much a quantity has increased or decreased in comparison to its previous value, often expressed as a percentage.

Base Period

An initial time period used as a reference point for comparison with subsequent time periods, often in economics or financial analyses.

Analysis Period

A specific time frame over which economic or financial performance is examined.

Horizontal Analysis

Financial analysis technique that compares account values reported on financial statements over two or more periods to identify trends and growth patterns.