The PivotTable Field List Enables You to Change or Pivot

question 7

True/False

The PivotTable Field List enables you to change or pivot the view of the data in the PivotTable by dragging the field buttons to different areas in the layout section.

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Definitions:

Filing Jointly

Filing jointly refers to a tax filing status that allows married couples to combine their income and deductions on a single tax return, potentially leading to tax benefits.

Net Book Value

The value of an asset or liability according to a company's balance sheet, deducting depreciation or amortization.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation expense that has been recorded against a fixed asset over its useful life to date.

Depreciation Expense

The allocation of the cost of a tangible fixed asset over its useful life, reflecting the consumption or wear and tear of the asset.