When Constructing Charts for a Business Report, You Should

question 16

Multiple Choice

When constructing charts for a business report, you should

• A) present all the data you gathered through research.
• B) include more charts to increase the impact of each one.
• C) avoid any common abbreviations and symbols.
• D) assume the reader will refer to the narrative text for explanations.
• E) keep charts simple enough to convey meaning immediately.

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Definitions:

Proceeds

Something that is exchanged for a debtor’s sold collateral.

Security Interest

A legal claim or lien on collateral that secures the repayment of a debt or obligation, giving the lender rights in the collateral.

Secured Party

The party that holds the interest in a secured property.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States, intended to harmonize the law of sales and other commercial transactions across American jurisdictions.