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When You Save an Excel 2007,2010,2013,or 2016 Workbook in an Earlier

question 32

Multiple Choice

When you save an Excel 2007,2010,2013,or 2016 workbook in an earlier format the Compatibility ______ alerts you to any features that are not supported by earlier versions of Excel.


Definitions:

Depreciation

The accounting process of allocating the cost of a tangible asset over its useful life, reflecting wear and tear, decay, or decline in value.

Book Value

The book value represents the value of an asset according to its balance sheet account balance, taking into account the cost of the asset minus any depreciation.

Additions

Increases or improvements to an asset that extend its useful life or enhance its productivity.

Plant Asset

Assets that are tangible, long-lived, and used in the production or sale of goods and services, such as buildings and machinery.

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