Barry, an Employee in an Educational Institute, Is Asked to Give

question 7

Multiple Choice

Barry, an employee in an educational institute, is asked to give a motivational speech to different departments. Barry works hard to create a presentation that will be appreciated by all. He finishes addressing all the departments and waits for feedback. Unfortunately, many of the departments complain that the speech was irrelevant to them and that they could not understand most of it. Which guideline should Barry have followed to make a successful presentation?

• A) Adapting to your listeners
• B) Analyzing potential sources of noises
• C) Shared perspectives
• D) Obtaining situational knowledge

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Definitions:

General Ledger

A comprehensive record of all of a company's financial transactions, used to compile financial statements.

Financial Statements

Formal records that outline the financial activities and condition of a business, including the income statement, balance sheet, and statement of cash flows.

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts, preparing the books for the next period.

Adjusting Entries

Journal entries made in accounting at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.