To Sort Data, You First Click a Cell in the Column

question 21

Multiple Choice

To sort data, you first click a cell in the column by which you want to sort a range of data. Click the Data tab on the Ribbon. In the ____ group, click ascending or descending sort.

• A) Filter
• B) Sort
• C) Sort & Filter
• D) Data

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Definitions:

Depreciation Expense

The portion of the cost of a fixed asset that is considered consumed in each period of the asset's useful life.

Retrospective Adjustments

Adjustments made to the financial statements of prior periods when adopting a new accounting principle, as if that principle had always been applied.

Salvage Value

The estimated residual value of an asset after its useful life is over.

Straight-Line Method

A method of calculating depreciation of an asset which spreads the cost evenly across the useful life of the asset.