Anwar Is Planning a Persuasive Message to Try to Convince

question 45

Multiple Choice

Anwar is planning a persuasive message to try to convince his colleagues to contribute to their company's holiday clothing drive.The most effective argument he can use will be an argument that

• A) relates the clothing drive to their need to feel good about themselves.
• B) makes them feel guilty if they do not contribute.
• C) shows how much effort Anwar has put into planning the event.
• D) belittles the holiday charitable drives of competing companies.
• E) emphasizes how much their company wants to outshine a rival company's drive.

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Definitions:

Ending Inventory

The value of goods available for sale at the end of an accounting period, calculated as the beginning inventory plus purchases minus the cost of goods sold.

Beginning Inventory

The value of all products, goods, and materials in stock at the start of an accounting period.

LIFO

"Last In, First Out," an inventory valuation method where the latest items added to the inventory are the first to be sold.

Ending Inventory

The value of goods available for sale at the end of an accounting period, calculated using beginning inventory, purchases, and cost of goods sold.