Electronic Spreadsheets Can Be Used for Very Simple Operations,like Adding

question 49

Multiple Choice

Electronic spreadsheets can be used for very simple operations,like adding two numbers,or ________ functions,like calculating the present or future value of a number.

• A) Intermediate-level
• B) complex
• C) reasonable
• D) impossible

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Definitions:

Variable Cost

Costs that vary directly with the level of production or business activity.

Machine Hour

A measure of production time, specifically the number of hours a machine is operated in the manufacturing process.

Fixed Cost

A cost that does not change with an increase or decrease in the amount of goods or services produced.

Total Expense

The sum of all costs and expenses incurred by a business during a specific period.