When You Embed or Link a File a Copy of the Embedded

question 43

Multiple Choice

When you embed or link a file a copy of the embedded or linked file often is not included within the PowerPoint file itself; only the ____ for accessing the linked file are there.

• A)path
• B)filename
• C)object route
• D)both A and B

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Definitions:

Net Operating Loss Carryforward

A tax provision that allows a company to apply a fiscal year's net operating losses to future years' profits in order to reduce taxable income.

Consolidated Tax Returns

A single tax return filed by a parent company and its subsidiaries, treating them as one taxpayer.

U.S. Tax Law

The body of laws and regulations governing the collection and administration of taxes in the United States.

Undistributed Earnings

Refers to the portion of a company's net profits that has not been paid out to shareholders as dividends but is retained for reinvestment in the business or to pay off debt.