Which of the Following Is FALSE About the NOW Function

question 20

Multiple Choice

Which of the following is FALSE about the NOW function?

• A)It updates each time the workbook is opened.
• B)It is a volatile function.
• C)It remains constant even when the workbook is opened.
• D)It uses the computer's calendar and clock to display the date and time.

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Definitions:

Low Price

A pricing strategy where goods or services are offered to customers at a price lower than the market average or competitors' prices.

More Elastic

Describes a situation where a product or service's demand changes more significantly in response to a change in price.

Decrease Price

A pricing strategy where a company reduces the cost at which an item is sold in order to stimulate demand or gain competitive advantage.

Price-cost Margins

The difference between the selling price of a product and its cost of production, often expressed as a percentage.