Silence Refers to

question 193

Multiple Choice

Silence refers to

• A)the failure to communicate.
• B)withholding relevant information.
• C)the use of written communication.
• D)the use of non-verbal communication.
• E)the use of technology to communicate.

---

Definitions:

GAAP

An aggregation of universally recognized rules and standards in accounting for presenting financial information.

Non-Interest-Bearing Note

A type of promissory note that does not accrue interest over its life, with the borrower repaying only the principal amount borrowed.

Net Carrying Value

The current book value of an asset or company after subtracting total liabilities from total assets.