What Is the First Step of Engaging with Your Reading

question 34

Multiple Choice

What is the first step of engaging with your reading as a critical thinker?

• A) Think about the big picture.
• B) Personalize the text.
• C) Ask questions frequently.
• D) React as you read.

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Definitions:

Average Collection Period

The average number of days it takes for a business to receive payments owed by its customers.

Financial Statements

Papers that summarize a corporation's financial status, featuring the balance sheet, income statement, and cash flow statement.

Common Shares

Equity securities that represent ownership in a corporation, providing voting rights and a portion of profits through dividends.

Generally Accepted Accounting Principles

The common set of accounting principles, standards, and procedures that companies use to compile their financial statements in the U.S.