What is the advantage of using an indirect format when producing a slide deck?
A) Most audiences prefer an indirect format.
B) The author can explain reasons before making specific recommendations.
C) The author can offer recommendations, then provide support for each recommendation.
D) Sentence headlines can be used to represent key ideas.
E) The author will not need an executive summary.
Answer: B
Explanation: B) An indirect organization allows the author to explain the rationale and persuade readers with benefits before recommending specific vendors. More frequently, reports use a direct organization.
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A) Accounts Payable B) Cash C) Notes Payable D) Notes Receivable
Mack, Newsome, and Parks were partners in a bookstore. Newsome suffered a severe heart attack. Is the partnership terminated?
Which of the following is true about the combining financial statements?
A. They are used whenever a non-major column is used in one of the fund financial statements B. Neither they are used whenever a non-major column is used in one of the fund financial statements nor the total column in the combining statements is not always the same as the non-major funds column in the basic financial statements C. Both they are used whenever a non-major column is used in one of the fund financial statements and the total column in the combining statements is not always the same as the non-major funds column in the basic financial statements D. The total column in the combining statements is not always the same as the non-major funds column in the basic financial statements
The efficiency of foreign currency markets is ensured, in large measure, by the process of arbitrageurs
Indicate whether this statement is true or false.