Which of the Following Formulas Contains an Absolute Cell Reference

question 45

Multiple Choice

Which of the following formulas contains an absolute cell reference?

• A) =$B4
• B) =B$4
• C) =$B$4
• D) =B4

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Definitions:

Classified Balance Sheet

A detailed financial statement that separates assets and liabilities into current and long-term categories, providing a clearer picture of a company's financial position.

Effective Interest Rate

The realized return on a bond or loan, taking into account the effect of compounding interest as opposed to the nominal rate.

Amortization

The process of spreading out a loan or intangible asset cost over its useful life, thereby reducing it on the balance sheet over time.

Journal Entry

A recording of a transaction or adjustment in the accounting ledger that includes the accounts and amounts to be debited and credited.