Written communication is _____ when it gives the reader all the information he or she needs to accomplish the results the writer intended
a. complete c. correct
b. clear d. concise
A
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Which of the following is least useful in evaluating a company's financial statements?
a. Comparison with government economic data for the economy as a whole b. Comparison with other companies in the same industry c. Comparison of the company's current period data with accounting data from 5 years ago d. Comparison of the company's current period data with that of the last year
Philosophical ethics denies that conformity and obedience are the best guides to how we should live.
Answer the following statement true (T) or false (F)
Magpie Corporation uses the total cost concept of product pricing. Below is cost information for the production and sale of 60,000 units of its sole product. Magpie desires a profit equal to a 25% rate of return on invested assets of $700,000. Fixed factory overhead cost $38,500 Fixed selling and administrative costs 7,500 Variable direct materials cost per unit 4.60 Variable direct labor cost
per unit 1.88 Variable factory overhead cost per unit 1.13 Variable selling and administrative cost per unit 4.50 The dollar amount of desired profit from the production and sale of the company's product is: A) $175,000 B) $67,200 C) $73,500 D) $96,000
E-commerce refers to exchanges between individuals, but not exchanges between organizations.
Answer the following statement true (T) or false (F)