Whenever possible, effective business writers choose positive wording to communicate their messages, even in negative situations
Indicate whether the statement is true or false.
Answer: True
Explanation: Positive wording creates an optimistic and encouraging message.
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An auditor confirms a representative number of open accounts receivable as of December 31 and investigates respondents' exceptions and comments. By this procedure, the auditor would be most likely to learn about which of the following?
A. The credit manager has misappropriated remittances from customers whose accounts have been written off. B. One of the EDP control clerks has been removing all sales invoices applicable to his account from the data file. C. One of the sales clerks has not been preparing charge slips for credit sales to family and friends. D. One of the cashiers has been covering a personal embezzlement by lapping.
A $310 credit to Supplies was credited to Fees Earned by mistake. By what amounts are the accounts under- or overstated as a result of this error?
A. Supplies, understated $620; Fees Earned, overstated $310. B. Supplies, understated $310; Fees Earned, overstated $310. C. Supplies, overstated $620; Fees Earned, understated $310. D. Supplies, overstated $310; Fees Earned, overstated $310. E. Supplies, overstated $310; Fees Earned, understated $310.
In the Buddhist and Hindu tradition, what stops the cycle of reincarnation?
a. the choice to do good b. achieving an equal balance between immoral and moral behavior c. birth into a good being d. achieving a state of enlightenment
Crowley Corporation purchased a building on January 2 by signing a long-term $600,000 mortgage with monthly payments of $5,500 . The mortgage carries an interest rate of 10 percent. The entry to record the mortgage will include a
a. debit to the Mortgage Payable account for $600,000. b. credit to the Cash account for $600,000. c. debit to the Cash account for $600,000. d. credit to the Mortgage Payable account for $600,000.