What Does It Mean If an Ellipsis, or Three Dots

question 1

Multiple Choice

What does it mean if an ellipsis, or three dots (i.e. '…') , appears in the middle of a quotation?

• A) There is a mistake in the quotation (spelling or grammar, for example) that was in the original. The ellipsis is used to show that the error was in the original and was not made by the person reproducing the quotation.
• B) That additional material has been added to the quotation that was not in the original. This may be done to help the quote work if it is part of a sentence.
• C) Material has been omitted from the original quotation. This may be used to save words or to ensure that the reader is not distracted by irrelevant material in the quotation.
• D) It is used to add emphasis that is not in the original quotation.

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Definitions:

Held-To-Maturity Securities

Debt securities that a company intends and is able to hold until they mature.

Equity Method

An accounting method used to assess the investments made by a company in other companies, where the investment is significant but not controlling.

Cash Dividend

A payment made by a company to its shareholders, usually as a distribution of profits.

Net Income

The total profit or loss of a company after all revenues, expenses, and taxes have been accounted for, typically reported on an income statement.