Case 7-1 Drake Just Installed the Microsoft Office Suite on His

question 5

Multiple Choice

Case 7-1 Drake just installed the Microsoft Office suite on his computer. He is learning more about each program so he can choose the one that is appropriate for each task. If Drake wanted to create, edit, save, and print documents, he would use ____.

• A) Word
• B) Access
• C) PowerPoint
• D) Excel

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Definitions:

Cumulative Effect

The aggregate impact of an accounting change or policy adjustment over the period before the adjustment is implemented, often recognized immediately in financial statements.

Income Tax Expense

The amount of money that companies or individuals owe the government based on their earnings.

Disposal Of A Segment

The act of selling, disposing of, or eliminating a certain portion or division of a company's operations.

Income Statement

A financial report showing the company’s revenues, expenses, and profits over a specific period of time.