When Writing Business Letters to Foreign Countries, Use Figures to Express

question 1

True/False

When writing business letters to foreign countries, use figures to express months and years such as 06/09/13 because figures are concise and easily recognized.

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Definitions:

Provisions

Liabilities of uncertain timing or amount, recognized on the financial statements for expected losses or expenses.

Defined Contribution Plans

A type of retirement plan where the employer, employee, or both make contributions on a regular basis, and future benefits depend on the investment's performance.

Employee Vacation Pay

Compensation owed to employees for the time they have accrued but not taken as vacation.

Warranty Costs

Expenses a company incurs for repairing or replacing defective products under warranty.