Case-Based Critical Thinking Questions

question 65

Multiple Choice

Case-Based Critical Thinking Questions
Case 3-1
In PowerPoint 2016, Jim has been inserting text using the text box placeholders included in the slide layout. He wants to be able to add text to other locations on the slide.
-Jim wants to insert text that appears without a fill color and where the text is left-aligned. Jim should insert a _____.

• A)shape with text added
• B)text box
• C)slide accent
• D)picture

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Definitions:

Generally Accepted Accounting Principles

A set of accounting standards and practices that are used to prepare financial statements in the U.S., ensuring consistency and comparability.

Budgeting

Involves creating a plan to allocate resources and revenues over a specified period, often used for financial planning and control.

Direct Materials Budget

A detailed plan showing the amount of raw materials that must be purchased to fulfill the production budget and to provide for adequate inventories.

Ending Inventory

The total value of goods available for sale at the end of an accounting period.