A Circular Reference Occurs When a Formula Directly or Indirectly

question 65

True/False

A circular reference occurs when a formula directly or indirectly refers to the cell containing the formula.

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Definitions:

Sale

The act of selling goods or services in exchange for money or other compensation.

Polk Common Stock

A fictional example, likely referring to shares of common stock issued by a company named "Polk."

Purchase

The act of buying goods or services, often reflected in the financial transactions of a business.

Sale

A transaction between two parties where the buyer receives goods, services, or assets in exchange for money.