According to Your Chequebook, You Have a $3,000 Balance in Your

question 225

Multiple Choice

According to your chequebook, you have a $3,000 balance in your account. You write cheques totaling $4,500 and make a deposit of $3,500. What is your collection float?

• A) -$1,500
• B) -$3,500
• C) -$3,000
• D) -$4,500
• E) -$8,000

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Definitions:

You-Viewpoint

Writing or speaking approach that prioritizes the perspective and needs of the audience, aiming to engage them more effectively.

Business Communication

The sharing of information between people within and outside an organization in a professional, clear, and effective manner.

Bad-News Messages

Communications that convey disappointing, negative, or unfavorable information to an individual or group, often requiring careful wording to maintain good relations.

Formal Style

A writing or speaking style characterized by precise grammar, vocabulary, and a tone that follows traditional rules and shows respect towards the audience.