When It Arrived,I Cashed Your Check Immediatelyis an Example of ________

question 15

Multiple Choice

When it arrived,I cashed your check immediatelyis an example of ________.

• A)effective business writing
• B)reader orientation
• C)a long lead-in
• D)saying the obvious

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Definitions:

Working Capital

The amount of a company's current assets minus its current liabilities, indicating the short-term liquidity position of the company.

Current Liabilities

Obligations or debts that a company is expected to pay off within one year or within its operating cycle, whichever is longer.

Current Assets

These are short-term assets likely to be converted into cash, utilized, or sold within the business cycle or a year.

Utilities Expense

The cost incurred by businesses or households for the consumption of utilities like electricity, water, and gas.