Excel Templates Make Creating a Professional Looking Spreadsheet Easier by Including

question 56

Multiple Choice

Excel templates make creating a professional looking spreadsheet easier by including all of the following EXCEPT ____ in the template.

• A) formulas
• B) formatting
• C) labels
• D) data

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Definitions:

Bad Debt Expense

An expense reported on the income statement, representing the amount of uncollected receivables from customers during a period.

Gross Profit

Gross profit is the difference between sales revenue and the cost of goods sold before deducting overheads, interest, taxes, and other expenses.

Net Income

The amount of profit left after all operating expenses, taxes, and interest have been deducted from total revenue.

Income from Continuing Operations

The earnings of a company from its core business operations, excluding one-time income or expenses from discontinued operations.