Data Validation Can Verify Data That Was Entered into a Worksheet

question 25

True/False

Data validation can verify data that was entered into a worksheet before the validation criteria were applied.

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Definitions:

Fixed Assets

Physical assets with a useful life greater than one year, which are used in the operations of a business, such as machinery or buildings.

Net Cash Flow

The difference between the cash inflows and cash outflows in a business over a specified period.

Depreciation Expense

A non-cash expense recorded on the income statement, reflecting the gradual reduction of an asset's value over its useful life.

Net Loss

When expenses total more than revenue, the result is net loss.