Select the Sentence That Uses Concise, Fresh, and Exact Language

question 18

Multiple Choice

Select the sentence that uses concise, fresh, and exact language. Which sentence uses concise, fresh, and exact language?

• A) Luis piled ripe mangoes, oranges, and bananas into the large red bowl.
• B) Luis filled the bowl with mangoes, oranges, and bananas.
• C) Luis filled the bowl with fruit.

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Definitions:

U.S. GAAP

Generally Accepted Accounting Principles in the United States, a framework of accounting standards, principles, and procedures.

Current Liabilities

Short-term financial obligations that a company is expected to pay within one year or one operating cycle, whichever is longer.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity levels for operating needs.

Total Assets

The sum of all assets owned by a company, indicating the total resources at its disposal.