If Both the ____________________ and Source Files Are Open Excel

question 38

Short Answer

If both the ____________________ and source files are open Excel will update the link between them automatically whenever a value in the source file is changed.

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Definitions:

Mortgage Payment

The regular payment made by a borrower to a lender, typically comprising both interest and principal repayment, for a loan secured by real estate.

Monthly Rent

The periodic payment made by a tenant to a landlord for the use of premises.

Sunk Costs

Expenses that have already been incurred and cannot be recovered, and thus should not affect future decisions.

Accounting Methods

refer to the systematic techniques used to record, summarize, and report financial transactions of a business.