Text in a Cell Can Be Rotated Counterclockwise by Entering

question 103

Multiple Choice

Text in a cell can be rotated counterclockwise by entering a number in the Alignment sheet in the Format Cells dialog box.Which of the following are valid values for that number?

• A)15
• B)90
• C)145
• D)180

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Definitions:

Expense Recognition Principle

An accounting guideline that expenses should be recognized in the period in which they are incurred, regardless of when the payment is made.

Cost Of Goods Sold

Direct expenses involved in producing goods for sale by a company, covering both materials and workforce costs.

Ending Merchandise Inventory

The final value of goods available for sale at the end of an accounting period, before any new inventory has been added.

Specific Identification Method

An inventory costing method where specific costs are attached to individual units of inventory, typically used for unique or high-value items.