Underlining Key Points and Writing Reminders or Suggested Actions in the Margin

question 59

Multiple Choice

Underlining key points and writing reminders or suggested actions in the margin when reading incoming mail is called ____.

• A) recording
• B) annotating
• C) sorting
• D) opening
• E) distributing

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Definitions:

Cash Receipts

Money received by a business, typically documented during the accounting period in which it is received.

Turnover Quick

A measure reflecting the speed at which a company can convert its inventory or assets into sales or revenue, indicating operational efficiency.

Fixed Maturity Date

A specific date on which the principal (or face value) of a financial instrument is due to be repaid.

Financial Institution

A business that provides financial services such as loans, deposits, payments, and investment products to its customers.