You Have Received a Memo That Has a Full Signature

question 30

Multiple Choice

You have received a memo that has a full signature at the bottom of the page, rather than being initialed next to the name at the top of the memo.What does this probably mean?

• A)The writer is not aware of proper memo format.
• B)The organization does not use conventional memo format.
• C)The writer is preventing unauthorized information from being added to the memo.
• D)The writer thinks that a full signature looks better than initials.

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Definitions:

Long-Lived Assets

Assets with a useful life extending beyond one year, used in the operation of a business, such as equipment or buildings.

Allocated To Expense

A method of assigning or distributing costs among various accounts or periods as expenses.

Net Income

The net earnings of a business following the subtraction of all costs and taxes from the gross income.

Predictor

A statistical measure or model used to estimate future trends or outcomes based on historical data.