A subject line in a direct reply letter
A) is mandatory

B) generally refers in abbreviated form to previous correspondence and/or summarizes a message.
C) must be written as a complete sentence.
D) identifies the sender and his or her company.


B

Business

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In assessing risk relating to fraud, auditors brainstorm about potential fraud risks

a. True b. False Indicate whether the statement is true or false

Business

Which of the following statements about sales jobs is most likely false?

A. Salespeople represent their companies to the outside world. B. Salespeople spend little or no company funds for entertainment. C. Sales jobs require salespeople to exhibit more tact than other professions do. D. Many salespeople work with little or no supervision. E. Many sales jobs require considerable traveling and time spent away from family.

Business

Karen borrows $10,000 from Celeste. Karen is to pay Celeste the principal amount, with 8 percent interest, over the next five years in 60 equal monthly payments

After one year of receiving proper payments from Karen, Celeste assigns this right to receive future payments to Larry. Who has the duty to notify Karen about the assignment? A) Celeste B) Larry C) Karen's attorney D) the authority who drafted the contract

Business

A company borrowed $80,000 from a bank by signing a long-term note payable. The journal the transaction would be recorded in is the:

A. Cash payments journal. B. Purchases journal. C. General journal. D. Sales journal. E. Cash receipts journal.

Business