You Should Use the Body of Your Cover Letter to

question 141

Multiple Choice

You should use the body of your cover letter to

• A) reiterate your work experience as detailed in your résumé.
• B) refer the reader to the enclosed résumé and ask for an interview.
• C) emphasize your strongest qualifications without repeating the résumé.
• D) motivate the reader to offer you an interview on the basis of your résumé.

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Definitions:

Commercial Substance

A situation where the future cash flows of an asset or business operation are expected to change significantly as a result of a transaction.

Fair Value

An estimate of the market value of an asset or liability, based on current prices in an active market.

Book Value

The net value of a company's assets found on its balance sheet, which is calculated by subtracting liabilities from the total value of assets.

Commercial Substance

An economic concept indicating that a transaction significantly alters the cash flows or financial position of an entity.