You Can Choose Which Rules You Want Excel to Use

question 75

Multiple Choice

You can choose which rules you want Excel to use by enabling and disabling them in the ____ area in the Excel Options dialog box.

• A) General
• B) Formulas
• C) Proofing
• D) Advanced

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Definitions:

Margin Of Safety

The extent to which sales can decline before a business reaches its breakeven point.

Variable Expenses

Costs that change in proportion to the level of production or sales activities.

Break-even Point

The point at which total revenue equals total costs, resulting in neither profit nor loss for the business.

Unit Variable Cost

The cost associated with producing one additional unit of a product, which varies directly with the level of production output.