Which of the following is the MOST accurate statement concerning conciseness?
a. To prepare a concise passage, include only those details that the receiver needs, and state those details in the fewest possible words.
b. Conciseness means that the writer should use as few words as possible when composing a message.
c. Conciseness results in weakly worded passages that indicate poor writing skills.
d. Conciseness is not recommended in formal business documents, such as business reports, because full disclosure is needed in such situations.
A
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A difference between informational labeling and persuasive labeling is that informational labeling:
a. focuses on a promotional theme or logo rather than consumer information. b. increases a consumer's cognitive dissonance after the purchase. c. helps a consumer make proper product selections. d. gives the impression of environmental friendliness to a product.
A fast-growing company with many high net present value projects may maximize shareholder
wealth by NOT paying a dividend. Indicate whether the statement is true or false
The accountant of Randy's Flooring has closed all of the temporary income statement accounts. The accountant is now ready to close the Income Summary account. The owner of the company is R. Car. Using the Income Summary T-account below, determine the correct closing entry the accountant needs to make in order to close the account.Income Summary12/31 beg inv.2,00012/31 ending inv.5,00012/31 exp.42,00012/31 rev.85,000
A.
| Income Summary | 46,000 | |||
| R. Car, Capital | 46,000 | |||
B.
| R. Car, Capital | 90,000 | |||
| Income Summary | 90,000 | |||
C.
| Income Summary | 43,000 | |||
| R. Car, Capital | 43,000 | |||
D.
| R. Car, Capital | 46,000 | |||
| Income Summary | 46,000 | |||
When creating a sequence, which of the following is not an optional clause?
a. INCREMENT BY value b. CYCLE | NOCYCLE c. MAXVALUE value | NOMAXVALUE d. CREATE SEQUENCE