When You Save a Workbook That Contains External Reference Formulas

question 31

Multiple Choice

When you save a workbook that contains external reference formulas Excel stores the most recent results of those formulas in the ____ file.

• A)source
• B) destination
• C) both a. and b.
• D) neither a. nor b.

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Definitions:

Equipment Purchase

The acquisition of physical assets like machinery, tools and vehicles needed for the operation of a business.

Fees Earned

Fees earned refer to income gained from providing services, representing the completion of service transactions over a period of time.

Wages Paid

Wages paid are the total amount of money disbursed to employees for work performed during a specific period, including salaries, hourly wages, and bonuses.

Journalize

The method of documenting monetary transactions within a journal during the accounting cycle.