In Which of the Following Situations Would a Business Letter

question 38

Multiple Choice

In which of the following situations would a business letter probably be the most effective communication channel?

• A)The area manager of a large home furnishings chain needs to let 14 store managers know about a new procedure for handling large shipments.
• B)The administrative assistant of a charitable organization has been asked to solicit donations in the form of goods and services from retailers to sell at a charity auction.
• C)One employee of an organization needs information from a co-worker in order to complete a financial report.
• D)The human resources manager of a national marketing group needs to inform all employees about how to access a year-end T4 online.

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Definitions:

Fraud Committee

A group formed within an organization tasked with overseeing the detection, investigation, and prevention of fraudulent activities and ensuring financial integrity.

Segregation of Duties

An internal control measure that involves dividing responsibilities among different people to reduce the risk of error or inappropriate actions in financial transactions.

Authorize and Pay

The process of approving financial transactions or disbursements and executing the payment accordingly.

Control Principle

An accounting principle that states the need for procedures and measures to regulate and ensure the accuracy of financial records.