Using Conditional Formatting Causes a Value to Be Formatted One

question 65

True/False

Using conditional formatting causes a value to be formatted one way when a condition is true and another way when the condition is false.

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Definitions:

Raw Materials Inventory

Consists of the basic materials and components required to manufacture goods.

Production

The process of creating, manufacturing, or enhancing products or services for sale.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency in managing stock levels.

Ratio

A quantitative relationship between two numbers, often used to compare and analyze financial data and performance metrics.