____________________ Automates the Trial-And-Error Process by Allowing You to Specify

question 66

Short Answer

____________________ automates the trial-and-error process by allowing you to specify a value for a calculated item,which Excel uses to determine the input value needed to reach that goal.

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Definitions:

Accounts Payable

Liabilities or money owed by a company to its creditors or suppliers for goods and services received but not yet paid for.

General Ledger

A comprehensive record of all financial transactions that occur within a company, organized by account.

Sales Journal

A specialized accounting journal used to record all sales of goods and services on credit.

Sales Revenue

The total amount of money a company receives from its sales of goods or services before any expenses are subtracted.