Which of the Following Is True of a Floating Graphic

question 46

Multiple Choice

Which of the following is true of a floating graphic?

• A) A text wrapping style is applied to it.
• B) It can be moved like text.
• C) It does not have sizing handles.
• D) It can be moved anywhere on a page.

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Definitions:

Note Payable

A written promise to pay a specified amount of money, usually with interest, at a future date.

Account Payable

An account payable is a liability representing an amount owed by an entity to a supplier or creditor for goods or services received but not yet paid for.

Return on Assets Ratio

The Return on Assets Ratio measures a company's ability to generate earnings from its assets, calculated by dividing net income by the average total assets.

Interest Expense

The cost incurred by an entity for borrowed funds, reflecting the interest payments due on any type of debt.