If the Data Used to Create a PivotTable Is Changed

question 644

Multiple Choice

If the data used to create a PivotTable is changed, click the ____ button to update the PivotTable to reflect this change.

• A) Refresh
• B) Update
• C) Data
• D) View

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Definitions:

Prepaid Insurance

An asset account on the balance sheet representing insurance payments made in advance, which are expensed out over the period to which the insurance coverage relates.

Insurance Expense

The cost incurred by an entity for obtaining insurance coverage, typically recognized as an expense in the income statement.

Adjusting Entry

An accounting entry made at the end of a period to allocate income and expenditure to the appropriate years.

IFRS

International Financial Reporting Standards are a set of accounting guidelines that govern how companies prepare and present their financial statements internationally.