Which of the following statements about written memos is not correct?

A) They may be attached to printed material.
B) They have been largely replaced by email.
C) They are sometimes used for formal messages longer than one page.
D) They are reserved for communication outside the organization.
E) They may serve as cover notes.


D

Business

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The total demand for many business goods and services is only minimally affected by price changes. Thus, this demand is ________

A) derived B) fluctuating C) accelerated D) multiple E) inelastic

Business

When analyzing a firm's long-term, debt-paying ability, we only want to determine the firm's ability to pay the principal

Indicate whether the statement is true or false

Business

What accounting concept justifies the use of accruals and deferrals?

a. Going-concern assumption b. Corporate form of organization c. Consistency characteristic d. Arm's-length transactions

Business

How do minor infractions relate to major infractions when determining how to discipline an employee?

What will be an ideal response?

Business