The Concept of a Self-Liquidating Asset Implies That

question 108

Multiple Choice

The concept of a self-liquidating asset implies that:

• A) the working capital associated with a product will be liquidated within a one year period.
• B) all the product will be sold,receivables collected,and bills paid over the time period specified.
• C) assets associated with the production of a product will be liquidated over the amortized life of the assets.
• D) self-liquidating assets will be financed by long-term sources of capital.

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Definitions:

Audience Needs

The requirements, expectations, or preferences of the intended recipients of a message or performance.

"You" Attitude

A communication style that focuses on the needs, interests, and concerns of the audience, rather than the speaker.

Credibility

The quality of being trusted, believable, or convincing based on one's knowledge, reliability, or reputation.

Pompous Language

The use of overly self-important or grandiose language intended to impress others.