Electronic communication should be the primary medium when the message that needs to be sent is negative.
Answer the following statement true (T) or false (F)
False
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When are consolidated financial statements prepared?
a. At the option of an investee company b. At the option of an investor company c. If one company owns more than 50% of another company d. Only if one company owns 100% of another company
Headings are appropriate only in messages that will be submitted as hard copies, such as reports or letters. They should not be used in electronic messages
Indicate whether the statement is true or false
The Truth in Lending Law requires that the cost of credit be stated both in dollars and cents and as a percentage of the amount borrowed
Indicate whether the statement is true or false
In a contribution format income statement for a merchandising company, the cost of goods sold reports the product costs attached to the merchandise sold during the period.
Answer the following statement true (T) or false (F)