Question 16: Cell A3 contains the formula =A1+A2. What happens if you change the value in cell A1?

Answer:

A.

Cell A3 remains unchanged.

B.

A menu appears to show your available actions.

C.

Cell A3 is updated to account for the new value in cell A1.

D.	An error message is displayed.

Question 15: Which of these would be included in the Financing Activities section of the statement of cash flows?

Answer:

A.

Issuance of stock for cash

B.

Purchase of equipment with cash

C.

Payment of Utilities expense with cash

D.	Receipt of cash for services rendered