A Preformatted Text Box Inserted Via the Text Box Button

question 5

Multiple Choice

A preformatted text box inserted via the Text box button on the INSERT tab is a _______.

• A)inline object formatted with Square text wrapping
• B)floating object formatted with Square text wrapping
• C)inline object formatted with Tight text wrapping
• D)floating object formatted with Tight text wrapping

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Definitions:

Settlement Choice

The option provided to parties in a financial instrument or contract to settle obligations either through cash payments or by other means.

Present Obligation

A duty or responsibility that a company is currently required to fulfill, typically as a result of past events.

Corporation

A legal entity recognized by law as separate from its owners, possessing rights to own assets, incur liabilities, and conduct business.

Prospectus

A document required that describes the current status of a business and its future prospects.