When You Insert a Word Document into PowerPoint, Outline View

question 38

True/False

When you insert a Word document into PowerPoint, Outline view lets you easily see how the structure will translate to the levels in a slide

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Definitions:

Merchandise Inventory

The goods a company intends to sell to customers that are considered current assets on the balance sheet.

Gross Profit

The difference between sales revenue and the cost of goods sold before deducting overheads, payroll, taxation, and interest payments.

Accounts Receivable

Represents money owed to a business by its customers for goods or services delivered on credit.

Merchandise Purchases

The total cost incurred by a retail company to buy goods for resale during a particular accounting period.