Mark Has Been Asked to Deliver a Presentation to a Group

question 32

Multiple Choice

Mark has been asked to deliver a presentation to a group of Texas ranchers.Because Mark has never been to Texas and has never met a rancher,he is unsure how to dress for the occasion.What advice does your textbook offer when deciding how to dress for this occasion?

• A)Never dress more formally than your audience.
• B)Wear what is most comfortable to you. Dress is not important.
• C)Always dress as formally as possible.
• D)You should conform to your audience's expectations for the speaking occasion.

---

Definitions:

Financing Activities

Financing activities are transactions related to raising capital and repaying borrowed funds, such as issuing stocks or bonds, and are reported in the cash flow statement.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the open market.

Bonds Payable

A classification in accounting for debts of a corporation due to be paid to bondholders at a specified date.

Operating Activities Section

Part of a cash flow statement that shows the cash generated or used in the primary revenue-producing activities of the business.