An Error Value Indicates That Some Part of A $\underline { \text { function } }$

question 5

True/False

An error value indicates that some part of a $\underline { \text { function } }$ is preventing Excel from returning a calculated value.________________

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Definitions:

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure that a company's bookkeeping system is mathematically correct.

Credit

An accounting entry that increases liabilities or equity or decreases an asset or expense. Opposite of a debit.

Ledger

A comprehensive collection of a company's accounts that records all financial transactions.

Income Statement

A financial document that reports a company's financial performance over a specific period, showing revenues, expenses, and net profit or loss.