QUESTION 17 Spreadsheet software can be used to communicate financing, investing and operating activities for a business. Which statement would contain this information?

		Balance Sheet
		Income Statement
		Statement of Cash Flows
		Statement of Retained Earnings

5 points

QUESTION 18 A footer would be placed on a spreadsheet document _____to communicate additional information to the reader

		At the bottom of the page
		At the top of the page
		On the right side of the page
		On the left side of the page

5 points

QUESTION 19 When preparing a horizontal analysis, using software, the percentage of change for land would be calculated using a formula?

		Dividing land by total assets
		Dividing current and past years' land cost
		Multiplying current year market value and total assets
		Adding past years and depreciation on the land

5 points

QUESTION 20 You need to prepare a budgeted income statement so you create a spreadsheet formula in Excel with a $ in front of the letter and number (ex. $A$4) in the cell address for the percentage increase from last year to this year, this means that

		The answer will always be shown in the same cell address such as A4 even if a new file is opened
		The answer will be shown in a cell that is at least as wide as the specified number in the formula such as 4
		The answer will be shown with a dollar sign such as $100 so it is easier for the reader to understand rather than a percentage
		The number in the cell remains constant even if the formula is copied to another location.