Case-Based Critical Thinking Questions

Multiple Choice

Case-Based Critical Thinking Questions
Case 3-1
Charles is a recent college graduate.He is paying rent for the first time,as well as utility bills,such as cable,electric,and telephone.He also has some hefty school loan payments.Charles has a good paying job and knows that even though he has lots of expenses,it is critical for him to save money each month,too.He decides to create a budget for himself in Excel 2010.
-Charles has entered all of his monthly expenses.He needs to create a formula that will deduct his monthly expenses from his monthly income.Since his monthly income is the same amount each month,he uses a(n) ____ to identify the cell containing the income value.

A) relative reference
B) absolute reference
C) mixed reference
D) fixed reference