When You Open a File Created in an Earlier Version

question 32

Multiple Choice

When you open a file created in an earlier version of Office, "____ Mode" appears in the title bar, letting you know the file was created in an earlier, but usable version of the program.

• A) Compatibility
• B) Backward
• C) Prior
• D) Legacy

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Definitions:

Availability Delay

The lag between the deposit of a check and the moment the funds become available in the account.

Securities Trade

The buying and selling of financial instruments such as stocks, bonds, and mutual funds.

Fixed Cost

Costs that do not vary with the volume of output or sales, such as rent, salaries, and insurance premiums.

Target Cash Balance

The optimal amount of cash that a company aims to maintain to handle its operational and transactional needs.