Which one of the following statements is incorrect about filing correspondence by name?
a. Incoming letters are often called for by the name of the organization appearing in the inside address.
b. Incoming letters are often called for by the name of the organization appearing in the letterhead.
c. Outgoing letters are often called for by the name of the organization appearing in the inside address.
d. Answers b and c.
A
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Name and describe the methods for determining a marketing budget
What will be an ideal response?
Red Company created advertising copy for a client. Which of the following does not indicate that the transaction meets the SEC's four criteria for revenue recognition?
A) The company and the customer agree that the customer owes for the service. B) Both parties understand the price. C) The goods or services have been used to produce revenue. D) There is a reasonable expectation that the customer will pay the bill.
Which of the following was the first accounting standard to address lessor accounting?
a. ARB 38 in 1949 b. APB Opinion No. 7 in 1966 c. APB Opinion No. 3 in 1973 d. SFAS No. 13 in 1976
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Answer the following statement true (T) or false (F)