Currency is an example of a number format.

Question:

Currency is an example of a number format?

True or False

Answer:

This statement is True.

Explanation:

  1. If you want to display numbers as money, you should format them as currency.
  2. To do this, you must choose either the Accounting or Currency format for the cells where you want the money displayed.
  3. You can find the different formatting options in the “Home ” tab’s ” Number ” section.
  4. When you use the Currency format, a currency symbol will appear next to the first number in the cell.
  5. Choosing a default currency can make comparing different currencies and prices within your organization easier.

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