Which of the Following Is NOT True About Reports

question 21

Multiple Choice

Which of the following is NOT true about reports?

• A) The Report Wizard prompts you to specify the data to include.
• B) Landscape orientation formats the report with the long edge of the page at the top.
• C) The Report Wizard button is located on the Create tab.
• D) You can only create a report based on a table.

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Definitions:

Depreciation

The process by which capital assets lose value over time due to use, wear and tear, or obsolescence.

Capital Stock

The total amount of physical goods or financial assets that a company possesses which are used in the production of goods and services.

Gross Investment

The total amount of money spent on capital assets before accounting for depreciation.

Net Investment

The amount spent by a company on new capital assets after accounting for depreciation.