An Implicit Calculated Field Is Created When a Formula Is

question 45

True/False

An implicit calculated field is created when a formula is typed in the Calculation Area of the PowerPivot window.

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Definitions:

Attainable Standard

A performance measure based on achievable levels of efficiency and effectiveness under current conditions.

Perfection Standard

An idealistic benchmark for performance or quality that may be impossible to achieve but serves as a high goal.

Operating Standard

A benchmark or set of guidelines used to ensure products or services meet a certain level of quality or efficiency in their production or delivery.

Materials Price Variance

The difference between the actual cost of materials and the standard cost, multiplied by the quantity of materials purchased, indicating cost management efficiency.