Which of the Following Statements Is NOT True About Tracked

question 33

Multiple Choice

Which of the following statements is NOT true about tracked changes?

• A) Insertions are bolded.
• B) Each reviewer is assigned a different color.
• C) Deleted text appears as strikethrough.
• D) Click the Track Changes button to turn on tracked changes.

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Definitions:

Revenues Test

A criterion used to assess whether revenues are being recognized in the correct accounting period under the accrual basis of accounting.

Operating Segment

A component of a business that engages in business activities earning revenues and incurring expenses, whose operating results are regularly reviewed by the organization's chief operating decision maker.

Separate Disclosures

Financial reporting that requires specific financial statements or items to be presented separately to provide clarity and detail.

Total Revenues

The sum of money received from selling goods or services which are the main activities of a business.