Which of the Following Is TRUE About PDF Files

question 65

Multiple Choice

Which of the following is TRUE about PDF files?

• A)It is a format developed by IBM.
• B)A PDF can be opened,but cannot be edited in Word 2013.
• C)It is a format exclusive to Microsoft Word.
• D)A PDF file can be opened and edited in Word 2013.

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Definitions:

Expense Recognition

The principle that expenses are recognized when they contribute to the generation of revenue, not necessarily when the cash is paid.

Systematic Allocation

The process of methodically spreading costs or revenues over a specific period of time or among different departments or products.

Appraised Value

An estimation of the fair market value of a property, often conducted by a professional appraiser.

Balance Sheet

A financial statement that shows a company's financial position at a specific point in time, including assets, liabilities, and shareholders' equity.