"This Estimate Makes No Allowance for Inflation

question 42

Multiple Choice

"This estimate makes no allowance for inflation." The sentence is an example of:

• A)A reader benefit.
• B)Positive emphasis.
• C)A passive description.
• D)An impersonal expression.

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Definitions:

International Operations

Business activities that a company conducts outside its home country, including sales, manufacturing, and production.

Production Costs

The total cost incurred by a business to manufacture a product or to provide a service. This includes materials, labor, and overhead costs.

Forward Rate

An agreed-upon exchange rate for currencies to be traded at a future date, used in forward contracts.

Israeli Shekel

The official currency of Israel.