Question

What do you understand by the terms:1. Text Wrapping 2 . Anchoring

Answer 1

Answer:

1. Text wrapping is a feature that enables you to surround a picture or diagram with a text.

2. Anchoring is the use of irrelevant information, such as the purchase price of a security, as a reference for evaluating an unknown value of a financial instrument.

Answer 2

Answer:

The two given terms, text wrapping and anchoring are explained below:

Text Wrapping

• Text Wrapping is a feature that is supported by various word processors and this feature helps us to surround a particular picture or any diagram with text, hence called text wrapping.
• The text that we have inserted wraps around the graphic. This feature is also known as Text Flow.

Anchoring

• Anchoring basically means the use of irrelevant or unnecessary information as a basis for calculating the uncertain value of any specific financial instrument. For instance, a purchase cost of security.

Learn more about text wrapping and anchoring by clicking on the link below:

https://brainly.in/question/30087412?referrer=searchResults

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