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If You Trust the Provider of Source Files You Can

question 62

Multiple Choice

If you trust the provider of source files you can choose to ____ the content which allows the external reference formulas to function and updates the links in the destination workbook.


Definitions:

Revenue

The total amount of money received by a company for goods sold or services provided during a certain period.

Record Payments

The process of documenting all money transfers made to settle debts or for purchases in the accounting records of a company.

Perpetual Inventory Method

An accounting method for maintaining continuous records of inventory balances, with updates made for each purchase and sale transaction.

Merchandise Inventory

Products held by a business for the purpose of sale to customers, a key asset in retail and wholesale operations.

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