What Happens When Data That Is Externally Linked Is Edited

question 39

Multiple Choice

What happens when data that is externally linked is edited and both the source and destination file are open?

• A)The links will automatically update
• B)The links will not update
• C)A security prompt appears
• D)There will be no change

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Definitions:

Timeliness

The principle that financial information must be presented to users early enough to influence their decisions.

Qualitative Characteristic

A feature that describes the non-quantitative aspects of accounting information, which makes it useful for decision-making.

Financial Information

Data and facts regarding a company's financial performance, position, and cash flows, as represented in its financial statements and other reports.

Clearly And Concisely

Expressing ideas or information in a straightforward and brief manner without losing clarity.