IF You Use the Function, =MATCH(66, A1:A4,0), on the Table

question 76

Multiple Choice

IF you use the function, =MATCH(66, A1:A4,0) , on the table below, what would be the result?

• A)4
• B)6
• C)5

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Definitions:

Fiscal Year

A 12-month period used for accounting purposes and preparing financial statements, which may not align with the calendar year.

Principal Repayment

The process of paying back the original amount borrowed from a lender, excluding interest payments.

Remote Contingent Liability

A potential liability that is considered unlikely to occur and thus is not recorded in financial statements but may be disclosed in the notes.

Disclose Only

A policy or requirement of revealing information without necessitating additional actions or changes based on the disclosure.