According to the Order of Precedence in Excel

question 128

Multiple Choice

According to the order of precedence in Excel:

• A) Excel performs exponentiation,then multiplication and division,then addition and subtraction.
• B) Excel performs multiplication,then exponentiation,then division,then addition,then subtraction.
• C) Excel performs exponentiation,then multiplication,then division,then subtraction,then addition.
• D) Excel performs multiplication,then division,then exponentiation,then addition,then subtraction.

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Definitions:

Additional Reserves

The excess funds that banks hold over the required minimum to meet reserve requirements set by a central bank.

Money

An economic unit that functions as a generally recognized medium of exchange for transactional purposes in an economy.

Reserve Requirement

The minimum amount of reserves that banks must hold, either in their vaults or with the central bank, as a proportion of deposits.

Excess Reserves

The surplus funds that banks hold over the required minimum set by the central bank to meet unexpected withdrawals.