Describe the five steps of the top-down reading method.
What will be an ideal response?
The top-down system has five steps:
Rate reasons to read. Rate your reasons for reading ("Why should I read this? Will reading it contribute to my goals?").
Question and predict answers. Formulate specific questions you want the reading to answer. This gives you reasons for reading—to get answers to your questions.
Survey the big picture. Survey the material to be read so you can get a sense of the whole. Take a few minutes to get an overview so you can read with purpose.
Skim for main ideas. Skimming the material is similar to surveying, except it's on a smaller scale. You look for the essence of each subsection or paragraph.
Summarize. Summarize as you skim. Verbally restate or write notes of the main points, using your own words. Visualize or sketch the main points. Answer your initial questions as you skim the material.
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Which one of the following items does not accurately describe stockholders' equity?
a. Stockholders' equity is created when a company issues stock to an investor. b. Total stockholders' equity should be equal to Assets in an publicly held entity. c. Stockholders' equity represents amounts contributed by the owners to the company. d. As owners of shares in a corporation, stockholders have claims on the assets of a business when it is profitable.
In general, companies are seldom concerned about the possibility of negative online rankings and reviews
Indicate whether the statement is true or false
____________________ messaging enables you to use the Internet or an internal corporate communication platform to communicate in real time with others by exchanging brief text-based messages
Fill in the blank(s) with correct word
Journal entries recorded at the end of each accounting period to prepare the revenue, expense, and dividends accounts for the upcoming period and to update the retained earnings account for the events of the period just finished are referred to as:
A. Final entries. B. Work sheet entries. C. Updating entries. D. Closing entries. E. Adjusting entries.