While It Might Be Tempting to Use Electronic Communications in Business,which

question 62

Multiple Choice

While it might be tempting to use electronic communications in business,which of the following may be a time that you should use personalized human contact in the office?

• A) When socializing
• B) If you are sending message after message trying to resolve some point
• C) If you lack the necessary emotion
• D) When clarifying an important point with your immediate supervisor

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Definitions:

Journal Entry

A record in the books of accounts that represents a single financial transaction, documented in chronological order and showing the debits and credits for each transaction.

Terms N/30

Payment terms indicating that an invoice must be paid within 30 days of the invoice date.

Allowance Method

An accounting technique used to account for bad debts, estimating and setting aside a portion of accounts receivable that may not be collectible.

Percent of Sales Method

A financial forecasting model that estimates future elements of a financial statement as a percentage of sales.