The #REF! Error Value Can Occur When You Supply a Range

question 31

True/False

The #REF! error value can occur when you supply a range of values to a function that requires a single value.

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Definitions:

Excess Cash

The amount of cash held by a company that exceeds what is needed for day-to-day operations and short-term obligations.

Earnings Per Share

A financial metric that measures the amount of net income earned per share of stock outstanding.

Excess Cash

Funds that exceed the normal operational needs of a business, which may be used for investment or other purposes.