What Actually Changes the Value Excel Stores to a User

question 46

Multiple Choice

What actually changes the value Excel stores to a user determined number of decimal places?

• A)Decrease decimal setting
• B)Increase decimal setting
• C)ROUND function
• D)DECIMAL function

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Definitions:

Net Income

The total profit of a company after all expenses, taxes, and costs have been deducted from total revenues.

Mortgage Interest

Interest paid on a loan secured by a mortgage on a home, often tax-deductible under certain conditions.

Home Business

A business operated from the residence of the owner, leveraging the flexibility to manage personal and professional life.

§179 Expense Election

A provision of the U.S. tax code that allows businesses to deduct the full purchase price of qualifying assets financed or purchased during the tax year.