To Create a PivotTable Layout, You Can Drag Fields from the Field

question 421

True/False

To create a PivotTable layout, you can drag fields from the field list to an area box in the PivotTable Fields pane.

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Definitions:

Corporation

A legal entity separate from its owners, with rights to own assets, incur liabilities, and sell stock, subject to corporate taxes.

Closing Entries

At the close of an accounting period, records are made to move balances from interim accounts to enduring accounts.

Accounting Cycle

The sequence of steps followed in the accounting process to track and report financial transactions, from the initial transaction to the financial statements.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, typically including a balance sheet, income statement, and cash flow statement.