Which of the Following Is True of Order Acknowledgements

question 72

Multiple Choice

Which of the following is true of order acknowledgements?

• A) You should not use the you-viewpoint when writing acknowledgements.
• B) You must use a highly formal style when writing acknowledgements.
• C) Acknowledgements are typically written using the indirect plan of organizing information.
• D) The sole purpose of writing acknowledgements is to help build goodwill.
• E) Acknowledgements let people who order goods know the status of their orders.

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Definitions:

Unusual Loss

Losses that are uncommon in occurrence and not expected to recur in the foreseeable future, significantly impacting financial statements.

Interim Statement

Financial reports prepared and presented for periods less than a fiscal year, such as quarterly or half-yearly.

Operating Segment Disclosures

Financial reporting requirements that necessitate entities to disclose income, expense, and other significant information about their operating segments.

U.S. GAAP

The Generally Accepted Accounting Principles in the United States, a standard framework of guidelines for financial accounting used in any jurisdiction, including the rules and standards for corporate financial reports.