The letter format in which all parts begin at the left margin is called

A) block.
B) modified block.
C) simplified block.
D) mixed block.


Answer: A
Explanation: A) In block format, all paragraphs and sections are flush left with no indentation. New paragraphs are identified by skipping a line between paragraphs. Modified block format is similar to block format, except the date and bottom sections are not flush left.

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Indicate whether the statement is true or false

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

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Kendra's job is not covered by OSHA. Kendra most likely

A. works for the state government. B. works for the local government. C. works for a private sector company. D. is self-employed.

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Which of the following is true of the capital structure of a company from a tax standpoint?

A. In countries where there are no taxes, corporations are inclined to use debt. B. In countries where capital gains are taxed, investors should show preference for stocks.  C. In countries where capital gains are not taxed, equity capital costs should be high. D. In countries where dividends are not taxed, the investors should show preference for debt. E. In countries where capital gains are not taxed, investors should show preference for stocks.

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