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Cate Has Finished Entering Data and Formatting Her Worksheet and Is

question 31

Multiple Choice

Cate has finished entering data and formatting her worksheet and is ready to print and share it with others. Cate wants to share her workbook electronically, but doesn't want the recipients to be able to modify the data. One of her options is to save it as a(n) ____ file.


Definitions:

Book Value

The net value of a company's assets minus its liabilities, as recorded on the balance sheet, often used to calculate the value of a company if it were to be liquidated.

Opportunity Cost

The price paid when one opts not to pursue the next most favorable choice during decision-making.

Cash Outlay

The actual amount of money spent or disbursed on goods, services, or assets.

Alternative Investments

Investments in asset classes other than stocks, bonds, and cash, including real estate, hedge funds, private equity, and commodities.

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