The Subscription Service for Microsoft Office 2013 Is Called Microsoft

question 69

Multiple Choice

The subscription service for Microsoft Office 2013 is called Microsoft ____.

• A) Office 365
• B) Cloud Office
• C) Office Online
• D) All Apps

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Definitions:

Credit Balance

A situation in a financial account where the amount of money deposited exceeds the money withdrawn, or in accounting, when credits exceed debits in an account.

Credit Sales

Transactions in which goods or services are provided to a customer with an agreement to pay later.

Bad Debt Expense

An expense account reflecting the cost of accounts receivable that a company does not expect to collect and has written off.

Allowance Method

An accounting technique used to estimate uncollectible accounts receivable and record bad debts expense.