What can be done to assure the writer that information has been received or understood?

A) Send a message with a preliminary plan of action
B) Send a confirmation message
C) Send an indirect message indicating thoughts
D) Send a confrontational message
E) Acknowledge receipt of the message using email


Answer: A
Explanation: A) A confirmation message acknowledges that you have received information or that you have understood it correctly.

Business

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Indicate whether this statement is true or false.

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Since 1974, commercial banks' importance as a source of funds for borrowers has shrunk dramatically, from around ________ percent of total credit advanced to near ________ percent by 2012

A) 60; 30 B) 40; 22 C) 25; 20 D) 30; 15

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Assume IBM enters into a forward contract to purchase 200,000 euros at a rate of $1.50/euro one year from today. If the spot exchange rate is $2/euro one year later, what is the dollar amount that IBM must pay to receive the euros?

A) $200,000 B) $225,000 C) $400,000 D) $300,000

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a. True b. False Indicate whether the statement is true or false

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