If You Wanted to Count the Number of Entries in a List

question 94

Multiple Choice

If you wanted to count the number of entries in a list that contained numbers, text, and blank cells, but ignore the blank cells, which function would you use?

• A)COUNT
• B)COUNTA
• C)COUNTBLANK
• D)COUNTIF

---

Definitions:

Average Cost

A method for inventory and cost of goods sold valuation, calculated by dividing the total cost by the number of items.

LIFO Method

Last In, First Out method; an inventory valuation technique where the most recently produced items are recorded as sold first.

Prospective Treatment

An approach in accounting where changes are applied to transactions and events from a specific date forward.

Reporting Entity

An entity, such as a company or organization, that must prepare financial statements to provide information to users.