The System Date Might Be Displayed as a Series of Number

question 106

True/False

The system date might be displayed as a series of number signs if the date,as initially formatted by Excel,does not fit in the width of the cell.

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Definitions:

Trading Securities

Financial instruments bought and held primarily for selling them in the near term to profit from short-term price fluctuations.

Fair Value

An estimate of the market value of an asset or liability, based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants.

Equity Method

An accounting technique used to record investments in associate companies, reflecting the investor’s share of the investee’s profit or loss.

Stock Investments Account

An account that records the purchase price and subsequent value of stock investments owned by an individual or a company.