Critical Thinking Questions Case 1-1 You Have Casually Used Programs

question 28

Multiple Choice

Critical Thinking Questions Case 1-1 You have casually used programs within the Microsoft Office suite for several years, but for Office 2012 you decide to take an online tutorial to really master the applications. Which of the following components of the Office suite offers one-stop shopping for many commonly performed tasks?

• A) Live Preview
• B) Backstage view
• C) document windows
• D) status bar

---

Definitions:

Permanent Accounts

Accounts that carry their balances over into the next accounting period, such as assets, liabilities, and equity accounts.

End-of-period Spreadsheet

A tool used in accounting to compile all financial information before closing the books at the end of a reporting period.

Spreadsheet Heading

The title section at the top of a spreadsheet document that typically contains the name of the spreadsheet, columns, rows, or specific data identifiers.

Adjusted Trial Balance

A statement showing all balances of ledger accounts after adjustments, used to prepare financial statements.