Which of the Following Statements Is True Regarding the Revision

question 76

Multiple Choice

Which of the following statements is true regarding the revision process?

• A)The first draft should be put aside for some time before beginning the revision process.
• B)Documents that use electronic media do not need revision as the messages are only stored for a short while.
• C)A completed first draft must be revised only if there is a change in the message that needs to be communicated.
• D)Communications using short-message tools such as IM and email require no revision at all.
• E)Informal messages to internal audiences need as much revision as formal messages do.

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Definitions:

Present Values

The value today of a future sum or series of cash payments, calculated using a particular rate of return, for the purpose of discounting and assessing investment options.

Discount Rate

The discount rate applied in the discounted cash flow (DCF) methodology to calculate the current value of anticipated cash flows, considering the time value of money and associated risks.

Present Value

The current price of a future sum of money or stream of cash flows, discounted at a certain rate of return.

Cash Flow

The complete inflow and outflow of cash and equivalent financial assets within a business framework.