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

question 91

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 in Charles's sheet,cell A4 is a precedent cell for cell B7,what kind of a cell is B7?

• A)contingent cell
• B)dependent cell
• C)antecedent cell
• D)indicated cell

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Definitions:

Trust Fund

A legal arrangement through which assets are held by a third party for the benefit of another party or parties.

Compounded Quarterly

The process in which interest is calculated and added to the principal amount every quarter of the year.

Deposits

Money placed into a bank account or given as a security for a contractual agreement.

Semi-annually

Occurring twice a year, typically every six months.