When You Use Free Writing, You Are

question 69

Multiple Choice

When you use free writing, you are

• A) allowing time to plan, draft, and revise a message in one sitting.
• B) brainstorming freely about a writing project.
• C) deciding how freely to revise a first draft.
• D) evaluating the results of your first draft as freely as possible.
• E) writing continuously for several minutes without stopping.

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Definitions:

Interest Charged

The cost incurred for borrowing money or the amount earned on deposited funds, usually expressed as a percentage of the principal.

Contingent Liability

A potential financial obligation that may arise depending on the outcome of a future event.

Contingent Liabilities

Liabilities that may arise from past transactions if certain events occur in the future.

Interest Expense

The cost incurred by an entity for borrowed funds; interest expense is a non-operating expense shown on the income statement.