Which Statement Does Not Contain a Dangling Expression

question 101

Multiple Choice

Which statement does not contain a dangling expression?

• A) Eric informed Jason about the policy changes, but he doesn't like the changes.
• B) While reviewing the corporate report, a few discrepancies were found.
• C) During a trip to the Boston office, the auditor will review the financial reports.
• D) Abraham Lincoln wrote the Gettysburg Address while traveling to Gettysburg on the back of an envelope.
• E) The manager plans to address the use of cell phones in weekly meetings.

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Definitions:

Fair Value

The estimated price at which an asset could be bought or sold in a current transaction between willing parties.

GAAP

Generally Accepted Accounting Principles, a set of rules and standards for financial reporting used in the United States.

Assets Reporting

The process of documenting and disclosing the value and details of a company’s assets in financial statements.

Net Assets

The total value of all a company's assets after subtracting liabilities; an indication of the company's net worth.