Charles Is Having a Lot of Problems with Errors in a Very

question 45

Multiple Choice

Charles is having a lot of problems with errors in a very complicated spreadsheet that he inherited from a colleague, and he turns to another co-worker, Seymour, for tips on how to trace errors in the sheet.
-If Charles sees red tracer arrows that means there is an error in the value being received from the precedent cell or passed to the _______ cell.

• A)child
• B)precedent
• C)dependent
• D)contingent

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Definitions:

Agency by Ratification

This occurs when a principal approves and accepts the actions of someone who acted without authority, thereby giving those actions legitimacy and creating an agency relationship retrospectively.

Doctrine

A belief or set of beliefs held and taught by an organization, especially a religious or political one.

Agency Relationship

A legal relationship in which one party, the agent, is authorized to act on behalf of another party, the principal, in conducting business transactions.