Juliet Runs a Popular Antiques Store

question 20

Multiple Choice

Juliet runs a popular antiques store. She uses Office 2013 to help her manager her business, especially Word and Excel.
-Juliet wants to e-mail a Word file with a linked Excel chart to her friend Miguel. She knows that Miguel has Word, but does not have Excel. What should Juliet do?

• A) Nothing; the Excel chart along with all of the software needed to open it will be there in the Word file for Miguel to see
• B) Send Miguel the name of the file path that she uses for the Excel chart so he can use it too
• C) Break the link so Miguel can see the file without getting an error
• D) Consider re-pasting the chart as a picture, because Miguel will not be able to see it otherwise since he doesn't have Excel

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Definitions:

Cost of Goods Manufactured

The total production cost of goods completed during an accounting period.

Financial Statements

Formal records of the financial activities and position of a business, individual, or other entity, usually comprising the balance sheet, income statement, and cash flow statement.

Financial Accounting

Financial Accounting is the field focused on the collection, analysis, and reporting of financial transactions pertaining to a business, resulting in the production of financial statements.

Managerial Accounting

The practice of identifying, measuring, analyzing, and interpreting financial information for the pursuit of an organization's goals.