The #REF! Error Value Can Occur When You Supply a Range

question 31

True/False

The #REF! error value can occur when you supply a range of values to a function that requires a single value.

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Definitions:

Material Requirements Plan

A system used in manufacturing to calculate the materials and components needed to manufacture a product, ensuring materials are available for production and products are available for delivery.

Subassemblies

Components that are assembled separately but are used as parts of a final assembly or finished product.

Projected Output Rate

An estimated rate of production for future periods based on current data and trends, forecasting the volume of output.

Record Accuracy

The degree to which records are complete, correct, and reliable.