Custom Formats Describe How Excel Should Display A:​

question 19

Multiple Choice

Custom formats describe how Excel should display a:​ 

• A) ​Date or number 
• B) ​Time 
• C) ​Text string 
• D) ​All of the above

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Definitions:

Endowment Contributions

Financial gifts provided to an institution, typically with the stipulation that the principal remains intact while the investment income is used for organizational purposes.

Restricted Fund

Funds that are earmarked for a particular purpose or project by donors or grantors and cannot be freely used for any other expenditures.

Investment Income

Income earned from investments, including dividends, interest, and capital gains from securities, real estate, or other assets.

Deferral Method

An accounting practice where certain revenues or expenses are deferred to a future accounting period to better match revenues with expenses.