Examlex

Solved

Which Semantic Error Does the Following Sentence Commit or Illustrate

question 89

Multiple Choice

Which semantic error does the following sentence commit or illustrate? "A customer whose payment is late will not pay at all unless we threaten legal action or turn the account over to a collections agency."


Definitions:

Schedule L

Used to provide additional details on financial status or transactions not captured in the main tax form; no longer in general use for most taxpayers.

Accounting Method

The systematic approach to recording and reporting financial transactions for a business, determining how income and expenses are recorded and recognized.

Financial Accounting

The field of accounting focused on the summarization, analysis, and reporting of financial transactions pertaining to a business to external entities.

Subchapter S Corporation

A corporation that meets specific Internal Revenue Code requirements and elects to be taxed as a pass-through entity, avoiding double taxation on its income.

Related Questions