Case-Based Critical Thinking Questions

question 12

Multiple Choice

Case-Based Critical Thinking Questions
Case 5-2
In PowerPoint 2016, Laura is putting together a year-end presentation of the highlights of her Cheerleading Squad competitions. She wants to insert slides from a prior presentation.
-Laura wants to display two open presentations side by side so she clicks the ____ tab, and then the Window group, and clicks the Arrange All button.

• A)View
• B)Home
• C)Design
• D)Insert

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Definitions:

U.S.GAAP

United States Generally Accepted Accounting Principles, a collection of rules and guidelines designed to improve and standardize accounting practices.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since it was acquired and put into use.

Balance Sheet

A financial statement that provides a snapshot of a company’s financial condition at a specific time, including assets, liabilities, and shareholders' equity.

Depreciation Methods

Various techniques used to systematically allocate the cost of a tangible asset over its useful life, including straight-line, declining balance, and units of production methods.