A Newly Created Template Will Be Saved with a ________

question 98

Multiple Choice

A newly created template will be saved with a ________ extension.

• A).potx
• B).pptx
• C).pptm
• D).ptem

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Definitions:

Debt Covenants

Agreements between a borrower and lender that outline conditions the borrower must comply with to avoid default.

Affirmative Covenants

Clauses in a financial contract that require the borrower to perform certain activities to maintain the financial health and stability of the company.

Total Indebtedness

The sum of a company’s short-term and long-term liabilities.

Financial Covenant

A clause in a loan agreement that requires the borrower to meet certain financial conditions, often used by lenders to protect their investments.