You Can Create Your Own Number Format by Selecting the ____

question 132

Multiple Choice

You can create your own number format by selecting the ____ category in the Format Cells dialog box.

• A) General
• B) Special
• C) User
• D) Custom

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Definitions:

Corporate Existence

The legal status that allows a company to operate as a distinct entity, enabling it to buy, sell, own assets, and incur liabilities.

Common Stock

A type of equity security that represents ownership in a corporation, giving holders the right to vote on corporate matters and receive dividends.

Par Value

The nominal or face value of a bond, share of stock, or other security, typically set at the time it is issued.

Fair Value

An estimate of the market value of an asset or liability, reflecting what a willing buyer would pay a willing seller in an arm's length transaction.