Check Compatibility Is Used to Verify That Critical Excel 2013

question 4

True/False

Check Compatibility is used to verify that critical Excel 2013 features are not lost when a workbook is opened in an earlier version of Excel.

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Definitions:

Trade Discount

A reduction in the list price granted by a seller to a buyer based on the volume of the transaction or the buyer's trade status.

Catalog List Price

The official selling price of a product as listed in a catalog, before any discounts or promotions are applied.

Credit Terms

The conditions under which a seller extends credit to a buyer, including payment deadlines, interest rates, and discounts for early payments.

Invoice Discount

A reduction in the billed price granted to customers, often used as an incentive for early payment.