​ If a Chart Exists in an Excel Worksheet and You

question 53

True/False

​ If a chart exists in an Excel worksheet and you think you might update it in the future, consider embedding it in a Word document or PowerPoint slide instead of linking it.

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Definitions:

Selling Price

The sum a purchaser spends to acquire a good or service from a vendor.

Absorption Costing

A cost accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.

Cost-plus Pricing

A pricing tactic in which the final sale price is established by applying a predetermined markup on top of the product's purchase cost.

Return on Investment

A financial ratio measuring the gain or loss generated on an investment relative to the amount of money invested.