Scenario Manager Is Not an Excel Add-In

question 55

True/False

Scenario Manager is not an Excel Add-in.

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Definitions:

Accounting Method

The systematic approach to recording and reporting financial transactions for a business, determining how income and expenses are recorded and recognized.

Financial Accounting

The field of accounting focused on the summarization, analysis, and reporting of financial transactions pertaining to a business to external entities.

Subchapter S Corporation

A corporation that meets specific Internal Revenue Code requirements and elects to be taxed as a pass-through entity, avoiding double taxation on its income.

Domestic Corporation

A company that is incorporated under the laws of the country in which it is doing business.