When Developing Bad News About Transactions, You Should ________

question 13

Multiple Choice

When developing bad news about transactions, you should ________.

• A) explain how you are trying to resolve the problem
• B) always open with an apology
• C) use the direct approach
• D) open with a clear and succinct statement of the bad news

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Definitions:

Prepaid Expenses

Expenses paid for in advance and recorded as assets until they are actually used or consumed.