Case 2-1 Tom Is a Golf Pro,and He Is Using Outlook to Outlook

question 39

Multiple Choice

Case 2-1
Tom is a golf pro,and he is using Outlook to manage his schedule.Some of his customers pay him for a single lesson,while others set up regular weekly lessons.In addition,Tom is coordinating the annual two-day tournament at his local golf course.
-According to the way that Outlook defines calendar items,what type of item is a regular weekly lesson,if you assume that the person taking the lesson is NOT invited to the lesson using Outlook?

• A)recurring appointment
• B)recurring meeting
• C)recurring event
• D)one-time appointment

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Definitions:

Gain or Loss

The financial result of transactions that leads to an increase (gain) or decrease (loss) in the capital of an entity, not related to its primary operations.

Capital Balances

The amount of funds that each partner or shareholder has contributed to a company, not including any profits or losses retained in the company.

Partnership Liabilities

Obligations and debts that are shared by partners in a partnership arrangement.

Income Ratio

A financial metric that compares a company’s income to another measure, such as sales or assets, to assess financial performance.