Which of the Following Statements About Creating a New Tab

question 76

Multiple Choice

Which of the following statements about creating a new tab is TRUE?

• A)A new group named New Group (Custom)is automatically created.
• B)Two new groups are automatically created with a new tab.
• C)New tabs retain the new tab name of Custom tab 1,Custom tab 2,etc.
• D)New groups can be created for a new tab;individual commands cannot.

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Definitions:

LIFO

Last In, First Out, an inventory valuation method where the most recently produced or acquired items are sold or used first.

Inflation

The velocity at which the aggregate cost of goods and services ascends, thereby reducing the efficacy of purchasing power.

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory, also known as the acid-test ratio.

Current Ratio

A liquidity metric that measures a company’s ability to pay short-term obligations with its current assets.