What Is a Benefit of Using a Range Name in Excel

question 79

Multiple Choice

What is a benefit of using a range name in Excel?

• A)Range names are easier for people to remember than cell references.
• B)Range names inherently make calculations more accurate.
• C)Range names make the data more portable to other applications.
• D)Range names are required when using financial functions.

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Definitions:

Amount Realized

The total sum received from a sale or transaction after accounting for all expenses and liabilities.

Basis

Basis refers to the amount of investment in something for tax purposes, usually the cost of acquiring an asset.

Section 1245

A provision of the Internal Revenue Code relating to the recapture of depreciation on certain types of property when sold.

Ordinary

Pertaining to regular or usual conditions, occurrences, or business activities that are not exceptional.