Case-Based Critical Thinking Questions

question 36

Multiple Choice

Case-Based Critical Thinking Questions
Case 8-2
Renee has just completed some coursework in Excel application writing and wants to begin developing her own macros to share more widely.She knows that she has to learn more about digital signatures in order to make her plan a reality.
-By digitally signing a workbook that contains a macro that she intends to publicly distribute,Renee assures her audience ____.

• A) of the identity of the creator of the macro
• B) that the macro has not been altered since the digital signature was created
• C) that the macro will perform as expected
• D) both a.and b.

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Definitions:

Merchandiser

A business entity engaged in selling goods directly to consumers or other businesses.

Cost Flow

The manner in which costs move through a firm, from initial acquisition of raw materials to final sale of finished goods.

Single-Step Income Statement

An income statement format that lists all revenues and then deducts all expenses to find the net income with only one subtraction.

Multiple-Step Income Statement

A detailed income statement that separates operational revenue and expenses from non-operational ones, presenting a clear view of a company’s operational efficiency.