Which of the Following Statements About the Create from File

question 55

Multiple Choice

Which of the following statements about the Create from file feature in Word is TRUE?

• A)The file does not have to be open to be inserted into a document.
• B)Only a portion of the file can be inserted into the open document.
• C)The Create from file option is available by clicking the Review tab,then the Object arrow.
• D)You do not have to place the cursor where you want the closed file to be inserted because a dialog box will pop up and ask you for the desired location.

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Definitions:

Separate Income Tax Returns

Tax documents filed by individuals or entities separately, as opposed to joint or consolidated filings.

Separate Return Method

A tax filing strategy used by businesses operating in multiple states or countries, where each entity files its own tax return rather than a consolidated return for the entire group.

Income Tax Expense

The total amount of income tax owed to federal, state, and local tax authorities for the period.

Net Operating Loss Carryforward

A tax provision that allows a company to apply a fiscal year's net operating losses to future years' profits in order to reduce taxable income.