To Display Headings in the Middle of the Cell Rather

question 23

Multiple Choice

To display headings in the middle of the cell rather than at the bottom,click the Align Text ____ button on the Home tab.

• A) Top
• B) Middle
• C) Center
• D) Relative

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Definitions:

Allowance

A provision in accounting for a reduction in the value of receivables or inventories, often related to potential bad debts or damaged goods.

Fair Value

The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Classified Balance Sheet

A balance sheet that contains standard classifications or sections.

Personal Cash

Refers to the liquid assets that an individual holds for the purpose of immediate or near-term spending or investment.