The Freeze Command Is Available in the ____ Group on the Home

question 10

Multiple Choice

The Freeze command is available in the ____ group on the Home tab under the More button.

• A)File
• B)View
• C)Records
• D)Table

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Definitions:

Owner's Equity

The residual interest in the assets of a business after deducting liabilities, representing the ownership interest of the shareholders or owners.

Beginning Balance

The amount of money or value of an account or inventory present at the start of a financial period before any transactions have occurred.

Net Income

The profit remaining after all operating expenses, interest, taxes, and dividends have been deducted from total revenue.

Classified Balance Sheet

A financial statement that organizes a company's assets, liabilities, and equity into subcategories for clearer understanding.