Critical Thinking Questions Case 6-2

question 46

Multiple Choice

Critical Thinking Questions Case 6-2
Your supervisor, the accounting manager, asks you to insert the current month's sales estimates by product, which is located in an Excel worksheet, into a sales report you are creating in Publisher to send to each manager electronically.
Which of the following integration methods should you use if each sales manager has access to the source workbook, has permission to change its contents, and is asked to update the source workbook with their latest estimates using the worksheet object in the sales report?

• A) copy and paste
• B) embedding
• C) linking
• D) attaching

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Definitions:

Interest Rate

The cost of borrowing money or the reward for saving, usually expressed as a percentage of the principal amount per period.

Economic Profit

The return flowing to those who provide the economy with the economic resource of entrepreneurial ability; the total revenue of a firm less its economic costs (which include both explicit costs and implicit costs); also called “pure profit” and “above-normal profit.”

X-Inefficiency

The difference between actual output and the maximum possible output that could be achieved with the same input of resources, due to inefficiencies within a firm.

Dynamic Change

The process of constant, sometimes unpredictable change within systems or environments, affecting economic, social, or technological aspects over time.