Text in a Data Cell Appears ____

question 70

Multiple Choice

Text in a data cell appears ____.

• A) italicized
• B) normal
• C) left-justified
• D) justified

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Definitions:

Schedule B

In tax documentation, Schedule B is often used to report interest and dividend income exceeding certain threshold amounts set by tax authorities.

Taxable Interest

Interest income that is subject to income tax, including interest from savings accounts, bonds, loans, and certificates of deposit.

Series EE Bonds

A type of U.S. savings bond that earns interest for up to 30 years, designed for long-term savings.

Interest Income

Income earned from various types of investments like savings accounts, bonds, and loans.