In the Accompanying Figure of a Feature of Microsoft Excel

question 17

Multiple Choice

In the accompanying figure of a feature of Microsoft Excel 2016, _____ points to the value that will be displayed in the active cell. ​ ​

• A)Box 1
• B)Box 2
• C)Box 3
• D)Box 4

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Definitions:

Financial Statements

Materials outlining a firm's financial health, incorporating its balance sheet, income statement, and cash flow statement.

Adjustment

Modifications made to account balances in order to correct financial statements or to allocate transactions correctly.

Accrual Accounting

An accounting method that recognizes revenue and expenses when they are incurred, not necessarily when cash is exchanged, enhancing the accuracy of financial statements.

Financial Statements

Formal records of the financial activities and position of a business, organization, or person, including balance sheets, income statements, and cash flow statements.