The Two Steps of Drafting Are

question 26

Multiple Choice

The two steps of drafting are:

• A) composing and revising.
• B) spelling and grammar.
• C) planning and composing.
• D) planning and modeling.

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Definitions:

Deficit

A financial situation where expenses exceed revenues, resulting in a negative balance.

Statement Of Cash Flows

A financial statement summarizing the total cash earnings from a company's operational activities and external investments, alongside the outlays for operational expenses and investment costs within a specific timeframe.

Used During

"Used during" typically relates to a period or occasion when a specific resource, process, or activity is utilized or occurs.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, are deducted from total revenues.