Excel Assigns Date Number 1 to January 1, 1900

question 14

True/False

Excel assigns date number 1 to January 1, 1900.

---

Definitions:

Wage Rate

The amount of money paid to a worker per unit of time, often an hour or a year.

Alternative Technologies

Different methods or innovations that can be employed to achieve the same or improved outcomes in production or services.

Isocost Line

A graph that shows all the combinations of capital and labor available for a given total cost.

Expenditures

Outflows of money to another person or group to pay for an item or service, or charges incurred during a business operation.