Laura Has Been Entering Dates in Worksheets Using the Long

question 2

Multiple Choice

Laura has been entering dates in worksheets using the Long Date format. Her manager sends her an email asking her to change all the dates from the Long Date format to the Short Date format. Laura can make the changes by:

• A)holding the Alt key while clicking the cells with dates in them and clicking the Consolidate option in the Data tab.
• B)making a new worksheet, changing the format, and copying the cells to the original worksheet.
• C)using the Number Format box arrow in the Number group on the Home tab.
• D)re-entering all the dates manually using slashes to divide the numbers.

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Definitions:

Actual Costs

The real costs incurred in the production of goods or services, including all expenses direct and indirect.

Materials Price Variance

The difference between the actual cost of materials and the expected cost, multiplied by the amount of materials purchased.

Standard Price

A predetermined cost that companies use to value inventory and cost of goods sold, often used in budgeting and performance evaluation.

Actual Price

The real or market price at which an asset or service is bought or sold.