Which of the following is a similarity between letters and memos?

A. Both are formal ways of sending a written message.
B. Both can only be sent electronically.
C. Both take a relatively long time to prepare and deliver.
D. Both can only be used for lateral communication.


Answer: C

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a. social security tax b. unemployment tax c. marital status d. number of exemptions claimed

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The gross margin pricing method computes unit selling price based on production costs rather than total costs

Indicate whether the statement is true or false

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A failure to exercise care or to act as a reasonable person would act is a breach of the ________.

A. res ipsa loquitur B. contract C. peace D. duty of care

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Answer the following statement true (T) or false (F)

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