Tom and Andy Are Discussing File Storage

question 98

Multiple Choice

Tom and Andy are discussing file storage. They are working on a major project and want to be sure they can store their files in a way so they can easily be found and shared with others.
-Tom and Andy both have Microsoft Word.It would be best to store their files in its native format with an extension of ____.

• A).doc or .docx
• B).txt
• C).rtf
• D)all of the above

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Definitions:

Financial Position

A company's monetary resources and obligations at a given point in time, reflected in its balance sheet.

Net Working Capital

The gap between a firm's existing assets and its immediate liabilities, showing the company's short-term financial stability.

Accounts Receivable

Financial dues customers hold with a company for the provision of goods or services, awaiting recompense.

Accounts Payable

Money owed by a company to its suppliers or creditors for goods and services received but not yet paid for.