A ____ Is a Prewritten Formula That Is Built into Excel

question 64

Multiple Choice

A ____ is a prewritten formula that is built into Excel.

• A) function
• B) feature
• C) task
• D) calculation

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Definitions:

Accounting Process

The series of steps taken in recording, classifying, and summarizing financial transactions to prepare financial statements.

Financial Decision Making

The process of making choices related to finance, such as investments, budgeting, and funding, based on analyses and strategies.

Recording

The process of entering financial transactions and other information related to business operations into the accounting system.

Owner's Equity

After settling all obligations, the balance of an entity's assets stands as a representation of the shareholder or owner's equity.