Which of the Following About Memos or Memorandums Is True

question 54

Multiple Choice

Which of the following about memos or memorandums is true?

• A) Memos, at present, are used instead of emails as a means of communicating within a business.
• B) Memos are primarily used to communicate with external audiences.
• C) Memos have the same form as other messages.
• D) Memos most often use casual or informal language.
• E) Memos are especially useful for communicating with employees who use computers in their work.

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Definitions:

Credit Terms

Conditions under which credit is extended by a lender to a borrower, including the repayment period and interest rate.

Direct Quotation

A currency quotation method where the local currency is fixed, and the foreign currency varies.

Bid-ask Spread

The difference between the highest price a buyer is willing to pay for an asset (bid) and the lowest price a seller is willing to accept (ask).

Bid Rate

The price at which a buyer is willing to purchase a security, currency, or commodity, often used in financial markets to specify the maximum price a buyer is comfortable with.