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The Insert Function Dialog Box Is Displayed When You Click

question 30

Multiple Choice

The Insert Function dialog box is displayed when you click the Insert Function button in the Function Library group on the ____ tab of the Ribbon.


Definitions:

Net Float

The difference between checks written and deposited in the bank not yet cleared or settled.

Ledger Balance

The total balance in a ledger account at a particular point in time, reflecting all transactions up to that moment.

Available Balance

The amount of funds in a checking or savings account that is accessible for immediate use, taking into account any pending transactions.

Net Collection Float

Net collection float refers to the difference in time between when a check is deposited into a bank account and when the funds are available for use, affecting a company's cash flow.

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