All of the Following Statements Are TRUE Regarding Custom Data

question 32

Multiple Choice

All of the following statements are TRUE regarding custom data validation EXCEPT:

• A)Custom validation allows you to specify more complex criteria than allowed with the other validation types.
• B)Data validation is an excellent tool to use in workbooks where you want to restrict data entry to certain values or ranges of values.
• C)There may be times when data validation rules can hinder data entry rather than enhance it.
• D)Using custom validation, you can apply multiple criteria one at a time.

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Definitions:

Implicit Costs

Also known as imputed or opportunity costs, they refer to the value of resources used in production that are not directly paid for or accounted for as expenses.

Team Production

A process in which a group of individuals with diverse skills and expertise work together towards a common production goal, enhancing efficiency and outcomes.

Contracting Out

involves a business hiring external organizations to perform specific tasks or services rather than using its internal resources.

Shirking

The act of avoiding or reducing work effort, especially in situations where it is difficult for employers to monitor or control employee behavior.