If You Try to Close a Workbook That Contains Changes

question 20

Multiple Choice

If you try to close a workbook that contains changes you haven't saved, ____.

• A) a dialog box asks you whether or not you want to save the file
• B) the workbook closes and your changes are lost
• C) you receive an error message
• D) the workbook closes and your changes are saved anyway

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Definitions:

Sales

Revenue generated from goods or services exchanged by an entity during its normal business operations.

Break-even Analysis

An assessment to determine the sales volume at which total revenues equal total costs, indicating no net loss or gain.

Cost-volume-profit Analysis

An accounting technique that analyzes how changes in costs, sales volume, and price affect a company's profit.

Contribution Margin Ratio

The contribution margin ratio quantifies the portion of sales revenue that is not consumed by variable costs and is available to cover fixed costs and generate profit.