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Case Based Critical Thinking Questions Case 6-2

question 22

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Case Based Critical Thinking Questions Case 6-2
Janise's College Pet Sitting business is growing rapidly.  She has expanded to include more pet sitters and is creating forms for the sitters to enter information in the business database. She is creating only custom forms. Determine the best methods, features, and tools for Janise to use when creating her custom forms.
Before typing the title, which tool should Janise choose from the DESIGN tab on the Ribbon?


Definitions:

Installation Costs

Expenses related to setting up or installing equipment, machinery, or other assets for operational use.

Capitalize

The process of recording an expenditure as an asset on a balance sheet, rather than expensing it immediately, spreading its cost over its useful life.

Revaluation Method

An accounting practice involving the upward adjustment of an asset's value on the balance sheet to reflect current market values.

IFRS

An international financial reporting framework that sets out the principles for reporting financial information used around the world.

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