Concept: Spreadsheet Terminology
In spreadsheet applications:
• A value obtained after applying formulas or functions is called a derived value.
Explanation:
• Horizontal/Vertical values are not technical terms.
• Basic value refers to original data input.
• Derived value refers to computed output from formulas.
Therefore, the correct answer is:
\[
\boxed{(C)\ \text{Derived value}}
\]