Which of the following identifies the specific purpose of a message?
A) To inform the audience
B) To define why you are writing
C) To persuade the audience to act
D) To foster collaboration
E) To initiate a conversation
Answer: B
Explanation: B) All business messages have a general purpose: to inform, to persuade, to collaborate, or to initiate a conversation. A specific purpose goes one step further and identifies exactly why you are writing, for example to inform or persuade the audience on a specific topic.
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Marv thought, "I'm not surprised that the corporate office canceled our funding. Costs had spiraled upward, and unanticipated technical problems had cropped up. We just didn't keep our eye on the ball, even though we had a great plan and sound strategies. Fundamentally, we lacked an effective means of control to ensure that
A. employees took steps to solve problems." B. our marketing strategies were reflective of the old product." C. communication was clear." D. the plans were carried out." E. management was creative."
All intangible assets must be amortized each year
Indicate whether the statement is true or false
Rocco Corporation decides to issue a 7.5% stock dividend on 20,000 outstanding shares of $10 stated value common stock. The distribution is made at the time the market value of the stock is $50 a share. How will the entry to record this transaction affect the company's equity accounts? CommonStockPaid-in Capital in Excessof Par Value - CommonRetained EarningsA.$200,000 $300,000 $(50,000)B.$15,000 NA $(15,000)C.$15,000 60,000 $(75,000)D.$100,000 NA $(100,000)
A. Choice A B. Choice B C. Choice C D. Choice D
Olivia is Physicians Clinic agent and is not authorized to sign checks or notes on its behalf. Despite the lack of authority, Olivia issues a note "payable to the order of Quik Loan Company [signed] Physicians Clinic, by Olivia.". Liability on this note extends to
a. Physicians Clinic. b. Olivia. c. QuikLoan. d. no one.