What's the Problem with Phrases Such As,"attached Please Find" and "We

question 150

Multiple Choice

What's the problem with phrases such as,"attached please find" and "we are in receipt of"?

• A)They are rude.
• B)They are too intimate.
• C)They are stale and pompous.
• D)They involve preaching and bragging.

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Definitions:

Compensating Balance

A minimum account balance that a borrower is required to maintain with a lender, often used to offset the cost of a loan.

Loan Agreement

A contract between a borrower and a lender outlining the terms and conditions of a loan.

Excess Funds

Financial resources that exceed the current needs or obligations of a company or individual, available for investment or other purposes.

Short-Term Financial Plan

A financial strategy or planning document that outlines the revenue, expenses, and cash flow for a business over a short period, typically less than one year.