For This Pair of Sentences, Select the Sentence with More

question 9

Multiple Choice

For this pair of sentences, select the sentence with more concise language.

• A) Soon, I'll probably buy a used car.
• B) Sometime in the near future, I'll probably spend some money on a used car that was preowned by someone else.

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Definitions:

Contra-Liability Account

An account that reduces the amount of a liability, often used to record discounts or allowances that decrease the total amount owed by a company.

Cash Inflow

The cumulative sum of funds flowing into a company, usually originating from its operations, investments, and financial activities.

Semiannually

Occurring twice a year, typically every six months.

Effective-interest Method

A technique used in finance to calculate the actual interest rate on a bond or loan, taking into account the effect of compounding over the period.