Case-Based Critical Thinking Questions

question 60

Multiple Choice

Case-Based Critical Thinking Questions
Case 3-2
In PowerPoint 2013, Bella is learning how to merge shapes. She has merged one shape with the help of a co-worker, and is now ready to try it on her own.
Bella merges two shapes that have different formatting. She notices the format of the first shape selected _____.

• A) is applied only to the portion of the shape that used to be the first shape
• B) is lost and a new format is applied
• C) is mixed together with the format of the second shape to make a custom format
• D) is applied to the entire merged shape

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Definitions:

Accrued Interest Receivable

Interest that has been earned but not yet received in cash, representing an asset on the balance sheet.

Notes Receivable-Perez

A note receivable account representing money owed to the entity by Perez, typically documented through a formal promissory note.

Collateralized

Secured by an asset pledged as security for repayment of a loan, protecting the lender by providing a source of recovery in case of default.

Receivables

Amounts owed to a company by customers for goods or services that have been delivered but not yet paid for.