Click the Wrap Text Button in the Arrange Group on the ____

question 16

Multiple Choice

Click the Wrap Text button in the Arrange group on the ____ tab to wrap text around an illustration.

• A) VIEW
• B) TABLE TOOLS
• C) PICTURE TOOLS FORMAT
• D) INSERT

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Definitions:

Contra-Asset

An account that offsets an associated asset account on a company's balance sheet, like an allowance for doubtful accounts reducing accounts receivable.

Original Cost

The initial price paid to acquire an asset or service, not accounting for depreciation or adjustments.

Book Value

The residual amount that represents a company's assets minus its liabilities.

Accumulated Depreciation

The aggregate depreciation recorded on a fixed asset since its commencement of use.