CASE: Tom Is a Golf Pro, and He Is Using

question 193

Multiple Choice

CASE: Tom is a golf pro, and he is using Outlook to manage his schedule. Some of his customers pay him for a single lesson, while others set up regular weekly lessons. In addition, Tom is coordinating the annual two-day tournament at his local golf course.

• A) Recurring appointment
• B) Recurring meeting
• C) Recurring event
• D) One-time appointment

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Definitions:

Accounts Payable

The amount of money a company owes to its suppliers or creditors for goods or services bought on credit.

CCA Class

A categorization in the Canadian tax system that groups assets with similar properties for depreciation purposes.

Operating Income

This is the profit realized from a business's core operations, indicating the financial health of the business by excluding the effects of financing and investments.

Fixed Assets

Long-term tangible pieces of property or equipment a company owns and uses in its operations for generating income.