Harvey Has Started a New Consulting Business,and Wants to Outfit

question 45

Multiple Choice

Harvey has started a new consulting business,and wants to outfit his new Windows 10 computer with a wide array of software to help him perform the tasks he needs. Harvey needs a program that will allow him to write and format documents.Of the following,____ would be the most likely choice.

• A)spreadsheet software
• B)desktop publishing software
• C)PowerPoint
• D)Adobe Premier

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Definitions:

Carrying Value

The book value of assets and liabilities reported in the financial statements, considering depreciation or amortization.

Bond Payable

A long-term liability account that records the amounts owed to bondholders by the issuer.

Straight-Line Method

A technique for determining depreciation or amortization that involves uniformly distributing the cost of an asset throughout its lifespan.

Contract Rate

A contract rate is a pre-agreed price or fee set in a contract for services or goods, which remains fixed for the duration of the agreement.