Which of the Following Is True of Excel

question 13

Multiple Choice

Which of the following is true of Excel?

• A) It does not require consistency to be maintained between column headings and the type of data contained in the column.
• B) It has a well-defined structure that includes tables, queries, and reports.
• C) In Excel, each field can store only one type of data for all the records.
• D) In Excel, a useful feature known as the Database facilitates review of the database by another user or by the same user at a later time.

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Definitions:

Tax

Mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization.

Tax Cuts

Reductions in the amount of taxes that individuals or corporations are required to pay to the government.

Tax Revenue

The monetary gains that are acquired by governments from taxation.

Arthur Laffer

Arthur Laffer is an economist known for the Laffer Curve, which posits that there is an optimal tax rate that maximizes revenue without discouraging economic activity.