If You Wanted to Reference a Cell in a Formula

question 27

Multiple Choice

If you wanted to reference a cell in a formula and you did not want that cell to change when copying and pasting you would use what kind of reference?

• A)Fixed
• B)Relative
• C)Mixed
• D)Absolute

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Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels, allowing for a more accurate comparison of actual vs. budgeted performance.

Predicted Amount

An estimated figure or value expected to be achieved in the future based on current data and trends.

Sales

The activities involved in selling products or services, ultimately resulting in revenue for the business.

Ideal Standards

Benchmarks for costs and efficiency that represent optimal levels of performance under perfect operating conditions.