The Informal Style of Writing Common in E-Mail, Text Messages

question 50

True/False

The informal style of writing common in e-mail, text messages, and social network postings is beginning to affect writing in more formal contexts.

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Definitions:

Cash

Liquid currency and instruments that are readily convertible to known amounts of cash and used to settle debts or buy goods and services.

Fees Earned

Income generated from the provision of services rather than the sale of goods, often recorded as revenue on the income statement.

Accounts Receivable

Funds that clients or customers have yet to pay to a company for products or services already provided.

Accounts Payable

Obligations a company has to pay back to lenders for products and services bought on credit.