Which of the Following Is an Example of a Bridge

question 6

Multiple Choice

Which of the following is an example of a bridge statement?

• A)"You will get good gas mileage when you buy this car."
• B)"These are the finest fund-raising donuts you can buy."
• C)"This hotel has 24-hour room service and free parking."
• D)"Buy one,get one at half price."
• E)"We have trained technicians,so you will experience less downtime."

---

Definitions:

Refinancing

The process of replacing an existing loan with a new loan that usually has better terms, such as a lower interest rate.

FASB

Financial Accounting Standards Board, an organization responsible for setting accounting and financial reporting standards in the United States.

IFRS

International Financial Reporting Standards, a set of accounting standards that provide guidelines for financial reporting, aiming to make company accounts understandable and comparable across international boundaries.

GAAP

In any particular legal area, the Generally Accepted Accounting Principles are the recognized standard of guidelines for conducting financial accounting.