Olivia Needs to Send Out the Annual Campaign Report to the Board

question 14

Multiple Choice

Olivia needs to send out the annual campaign report to the board of directors. She needs to collect various project reports from the campaign managers and consolidate them before sending them out. To do this, she should receive all the reports by June 1. In her communication to the managers, which of the following messages would most likely get them to act promptly?

• A) "Please send in the campaign reports as soon as possible."
• B) "Is it possible for you to send me the campaign reports?"
• C) "Is it possible for you to send the campaign reports immediately?"
• D) "Please send the campaign reports by May 28."
• E) "Please send the reports by June 1."

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Definitions:

Double-Declining-Balance

An accelerated method of depreciation where an asset’s book value is reduced at double the rate of its straight-line depreciation.

Units-Of-Activity

A depreciation method that allocates the cost of an asset over its useful life based on its usage or activity levels, rather than time.

Depreciation Expense

Depreciation expense is the allocated portion of the cost of a tangible asset that is expensed over its useful life, reflecting wear and tear, obsolescence, or loss of value.

Double-Declining-Balance

A method of accelerated depreciation which doubles the normal depreciation rate, reducing the value of an asset more quickly in its early years.