Figure 1 the Accompanying Figure Shows an Excel Worksheet

question 28

Multiple Choice

Figure 1 The accompanying figure shows an Excel worksheet. The type of worksheet that can be converted to a table is one in which the data is stored as a ____, that is, a collection of rows and columns in which all the entries in a column represent the same type of data.

• A)matrix
• B)series of links
• C)list
• D)datasheet

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Definitions:

Tax Deductible

Expenses that are subtracted from gross income to reduce taxable income, leading to a decrease in the amount of taxes owed.

Operating Expenses

Costs associated with the day-to-day operations of a business, excluding the cost of goods sold.

Tax Rate

The percentage at which an individual or corporation is taxed, varying according to the amount of income or profit made.

Unrealized Gain

Represents the increase in value of an investment or asset that has not yet been sold for cash.