When PowerPoint Opens, It Displays a _____ Presentation and a Slide

question 30

Multiple Choice

When PowerPoint opens, it displays a _____ presentation and a slide that you can use as the title slide.

• A) simple template
• B) blank
• C) master
• D) default

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Definitions:

Gross Profit Method

An accounting technique used to estimate inventory levels and cost of goods sold by applying a consistent gross profit percentage to sales figures.

Retail Method

An inventory accounting method used in retail, estimating the ending inventory value based on the relationship between cost and retail price.

Weighted-Average Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on the average cost of all units available.

LIFO

"Last In, First Out," an inventory valuation method where the last items placed in inventory are the first ones sold.