When You Set Up a Worksheet,you Should Use Cell References

question 107

Multiple Choice

When you set up a worksheet,you should use cell references in formulas whenever possible,rather than ____ values.

• A) logical
• B) constant
• C) consistent
• D) calculated

---

Definitions:

Deferred Creditors

Creditors that hold certain debts that are payable to the contributories of the company ahead of repayments of capital to those contributories.

Ordinary Unsecured Creditors

Creditors whose debts have no preferential treatment under the Corporations Act and are the last to be paid before funds are returned to contributories.

Preferential Unsecured Creditor

A creditor who is not secured by collateral but has the right to be paid before other unsecured creditors in the event of a debtor's bankruptcy.

Trade Creditors

Entities to whom money is owed for goods and services provided in the normal course of business, but which has not yet been paid.