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Case 3-2 Susan Is in Charge of the Inventory Reports for Her

question 66

Multiple Choice

Case 3-2
Susan is in charge of the inventory reports for her company.  She will need to find specific inventory items as well as project increases in inventory costs.  To get ready she will create a worksheet and use the Microsoft Excel 2016 Analysis tools.
-Susan wants to automate the trial-and-error process by allowing her to specify a value for a calculated item, which Excel uses to determine the input value needed to reach that goal. She can use ______.


Definitions:

Corporate

Pertaining to a corporation, which is a legal entity recognized by law as separate from its owners and having its own rights, privileges, and liabilities.

Corporate Veil

A legal concept that separates the identity of a corporation from its shareholders, protecting them from being personally liable for the company's debts or legal obligations.

De Facto Corporation

A business that operates as a corporation without formal legal acknowledgment but is treated as such for some purposes.

Corporation's Bylaws

The written rules for conduct of a corporation, detailing the rights and obligations of the directors, officers, and shareholders.

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