Concise Writing

question 41

Multiple Choice

Concise writing

• A)is necessary for both formal and informal messages.
• B)is easier to read and comprehend.
• C)saves time and money.
• D)All of these are true.

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Definitions:

Year 2

Typically refers to the second year of a particular time frame, such as a business plan, financial projections, or an academic calendar.

Total Asset Turnover

A financial ratio that measures a company's ability to generate sales from its assets, indicating operational efficiency.

Accounts Receivable Turnover

A financial ratio indicating how many times a company's accounts receivable are collected during a certain period, reflecting its efficiency in extending credit and collecting debts.

Times Interest Earned Ratio

A financial ratio that measures a company's ability to honor its debt payments by comparing its interest expense to its operating income.