FIGURE PPT 3-2 the Arrow Is Pointing to A(n)

question 42

Multiple Choice

FIGURE PPT 3-2 The arrow is pointing to a(n) ____ in Figure PPT 3-2 above.

• A) action button
• B) animation effect
• C) text box
• D) transition effect

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Definitions:

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, showing the balance of income and expenditure over the preceding period.

Assets Decrease

Assets decrease refers to a reduction in the total value of a company’s assets, which can result from factors like asset sales, depreciation, or impairments.

Cost of Goods Sold

The direct financial outlays for making the goods a company offers for sale, including the cost of materials and labor.

Supplies Account

An account used to track the costs of supplies that have not been consumed by the end of an accounting period.