Summer Is Fast-Approaching, and Your Employees Are Anxious to Find

question 19

Multiple Choice

Summer is fast-approaching, and your employees are anxious to find out if the flex-time schedule currently under discussion will be implemented. You need to inform them that a decision will not be made until all employees have returned a questionnaire requesting their input on this issue. Which of the following phrases this best?

• A) Please turn in your questionnaires since a decision won't be made until you do so.
• B) The decision will not be made until all employees have submitted their surveys.
• C) We need your help, since the decision cannot be contemplated until all forms are turned in.
• D) We will be able to make a decision once all the forms are submitted.
• E) No decision will be made until all forms are turned in.

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Definitions:

Liquidity

The capacity of an asset to be rapidly transformed into cash without notably influencing its market value.

Operating Capability

An indicator of a company's ability to maintain or improve its level of operations and profitability over time.

Net Loss

The result when a company's expenses exceed its revenues during a specified period, indicating a negative profit.

Accumulated Depreciation

Accumulated Depreciation represents the total amount of depreciation expense that has been recorded over time for long-term assets, reducing their book value.