Antoinette Is Part of a College Department Creating a Number

question 21

Multiple Choice

Antoinette is part of a college department creating a number of student files with Microsoft Excel. She is working on a student retention project and wants to produce a worksheet that can alert faculty of student progress and current grade status.
-Each worksheet will contain a specific class with the students' grades for the entire term.In order to determine the current student grade,Antoinette would have to use the _____ function.

• A)SUM
• B)AVERAGE
• C)COUNT
• D)MEDIAN

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Definitions:

Adjusted Trial Balance

A statement showing the balances of all accounts, including adjustments, at the end of an accounting period to ensure the total debits equal total credits.

Perpetual Inventory Method

An inventory management system that continuously updates the quantity and value of inventory on hand and sold, using real-time data.

Financial Statements

Reports summarizing the financial performance, position, and cash flows of a business for a specific period, including balance sheet, income statement, and statement of cash flows.

Contra Accounts

Accounts used in accounting to reduce the value of a related account to derive its net balance; examples include accumulated depreciation.