A $\underline { \text { color } }$ Bar Is a Conditional Format That Adds a Horizontal Bar

question 18

True/False

A $\underline { \text { color } }$ bar is a conditional format that adds a horizontal bar to the background of a cell containing a numeric value._________________________

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Definitions:

Contingent Liability

A potential financial obligation that may arise depending on the outcome of a future event.

Nontaxable Life Insurance

A type of life insurance policy where the proceeds paid on death or the cash value accumulation during the policyholder's lifetime are not subject to income taxes.

Warranty Expenses

Costs associated with the obligation to repair, replace, or remediate goods that have not met the selling criteria or customer expectations.

Pretax Financial Income

Income calculated before taxes are applied, representing a company's earnings based solely on its operations and other financial activities.