________ Means That a Message Uses No More Words Than

question 10

Multiple Choice

________ means that a message uses no more words than are necessary to accomplish its purpose.

• A)Clarity
• B)Appropriateness
• C)Substitutability
• D)Conciseness
• E)Ethics

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Definitions:

Outstanding Shares

The total number of shares of stock that are currently owned by all shareholders of a company, including shares held by institutional investors and restricted shares.

Cost of Debt

The effective rate that a company pays on its current debt, including loans and bonds.

Repurchasing Stock

When a company buys back its own shares from the marketplace, reducing the amount of outstanding stock.

All Equity Firm

A company that finances all of its operations, investments, and assets through stock equity rather than taking on any debt.