By Default Word Documents Include _______ Margins on All Sides

question 47

Multiple Choice

By default Word documents include _______ margins on all sides of the document.

• A).5-inch
• B)1-inch
• C)1.5-inch
• D)2-inch

---

Definitions:

Accounting Standpoint

A perspective or basis from which financial transactions and conditions are analyzed or assessed.

Long-Term Prepayment

Payments made in advance for expenses that will be recognized over a period longer than one year.

Book Value

The net value of a company's assets minus its liabilities and preferred stock, often used to determine the potential value of a company if it were to be liquidated.

Carrying Value

The book value of an asset or liability on a company's balance sheet, calculated as the original cost minus depreciation or amortization.