Concise Writing

question 46

Multiple Choice

Concise writing

• A) should be used only in informal business documents such as e-mail messages.
• B) is easier to read and comprehend.
• C) is necessary for only formal business documents such as a proposal to a customer.
• D) should be avoided because it can come across as being abrupt and rude.

---

Definitions:

Operating Activities

Operating activities involve the primary revenue-generating activities of a business, such as sales and delivery of goods/services, and are reflected in the cash flow statement.

Credit Sales

Transactions in which goods or services are provided to a customer with the agreement that payment will be made at a future date.

Collections

The process of pursuing payments of debts owed by individuals or businesses, often managed by accounts receivable departments or collection agencies.

Noncash Financing

Activities that increase long-term liabilities or equity but do not involve the immediate receipt or payment of cash, such as issuing stock or converting debt to equity.