Which of the Following About a Memo Is False

question 62

Multiple Choice

Which of the following about a memo is false?

• A)It occasionally includes an element of persuasion or a call to action.
• B)It may be used to update a team on activities for a given project.
• C)It may be used to inform a specific group within a company of an event,action,or observance.
• D)It is more often written from a one-to-one,interpersonal perspective.
• E)It includes statements that align business and employee interest.

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Definitions:

Ordinary Simple Interest

Interest calculated on the principal amount of a loan or investment, based on a simple calculation and not compounded.

360-Day Year

A simplified accounting method that assumes there are 360 days in a year, used for calculating interest and other financial metrics.

Principal

The original sum of money borrowed in a loan, or the initial amount of investment, excluding interest or profit.

Ordinary Simple Interest

Interest calculated on the principal amount only, without compounding, over a specific period.