Which of the Following Is the Best Advice to Follow

question 95

Multiple Choice

Which of the following is the best advice to follow when placing a business phone call?

• A)Use professional vocabulary and courteous language.
• B)Realize that the responsibility for ending a call lies with the caller.
• C)In the introduction of the phone call, name the person you are calling, identify yourself and your affiliation, and give a brief explanation of your reason for calling.
• D)All answer choices are good tips to follow when placing business phone calls.

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Definitions:

Fair Value Adjustment

Fair Value Adjustment refers to an accounting action that adjusts the reported value of an asset or liability to reflect its current market value.

Trading Securities Portfolio

A collection of securities bought and held primarily for sale in the short term to generate income on short-term price differences.

Fair Value

The estimated price at which an asset can be bought or sold in an orderly transaction between market participants at the valuation date.

Unrealized Gain

An increase in the value of an asset that has not been sold, thus not yet generating actual profit.