Final answer:
The statement that Excel treats 'ABC Company' as a label is true. In Excel, non-numeric and non-formula entries are considered labels or text. The term closest in meaning to 'hypothesis' is 'suggestion', which conveys a proposal yet to be verified.
Step-by-step explanation:
If you key "ABC Company" in a cell, Excel will recognize it as a label. This statement is true. In Microsoft Excel, any entry that is not recognized as a numeric value or a formula typically gets treated as text or a label. Labels are used to describe the data in the cells around them, usually serving as headings or titles.
As for the word closest in meaning to 'hypothesis', the correct answer is 'suggestion'. A hypothesis is an educated guess or proposal that is yet to be tested. Unlike a fact, a law, or a conclusion, it is not definitive and is subject to experimentation and further investigation, much like a suggestion.
Therefore, the answers are:
- True
- Suggestion