Division a Reported Income from Operations of $975,000 and Total

question 139

Multiple Choice

Division A reported income from operations of $975,000 and total service department charges of $675,000. As a result,

• A) net income was $300,000
• B) the gross profit margin was $300,000
• C) income from operations before service department charges was $1,650,000
• D) consolidated net income was $300,000

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Definitions:

Record Macro

The process of creating a script that records and replicates a series of user actions to automate repetitive tasks within software applications.

Flash Fill

A feature in spreadsheet software that automatically fills in values based on a pattern recognized from neighboring data.

AutoFill List

A feature in spreadsheet and form software that automatically completes a field based on previously entered data.

Fill Handle

A feature in spreadsheet software that allows users to quickly copy and paste content or to autofill data in adjacent cells by dragging the handle.