The Default Convergence Value Is 0

question 45

True/False

The default convergence value is 0.001,which means that if the change in the target cell between one solution and the next is less than or equal to 0.001,Solver will consider that it has converged to the solution._________________________

---

Definitions:

Employee's Earnings Record

A detailed record maintained by employers showing each employee's total earnings, deductions, and net pay over a specific period.

Payroll Period

The time frame for which employee earnings are calculated and paid, such as weekly, bi-weekly, monthly.

Unemployment Tax Rate

A tax rate assigned to an employer, based on the number of unemployment claims filed by former employees, which funds unemployment compensation programs.

Federal Income Tax

A tax levied by the IRS on the annual earnings of individuals, corporations, trusts, and other legal entities.