What Command Is Used to Add the Contents of Cells

question 59

Multiple Choice

What command is used to add the contents of cells A1, A2 and A3?

• A)=A1+A2+A3
• B)=ADD(A1:A3)
• C)=TOTAL(A1:A3)
• D)=PRODUCT(A1:A3)

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Definitions:

Common-size Comparative Statements

Financial reports that display line items as percentages of a common base figure to facilitate year-over-year or company-to-company comparisons.

Comparative Financial Statements

Financial statements that provide information for multiple periods or dates, allowing for analysis of trends and performance over time.

Base Amount

Base Amount is a reference value or benchmark number from which adjustments or comparisons are made, often used in financial calculations.

Horizontal Analysis

A financial analysis technique that compares historical financial statements line by line to identify trends and changes over time.