Select the Best Buffer to Open a Letter That Refuses

question 69

Multiple Choice

Select the best buffer to open a letter that refuses a request from a local nonprofit organization for a charitable donation.

• A)This is to inform you that your kind letter of May 14 has been directed to me for reply.
• B)We have received your letter requesting a donation to your annual fund-raiser.
• C)The services you provide for homeless families in our community are necessary and important.
• D)Although we admire what your organization does for our community,unfortunately,we are unable to donate to your fund-raiser at this time.

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Definitions:

Accounting Policies

Particular axioms, frameworks, precepts, rulings, and processes implemented by an enterprise in the arrangement and exhibition of financial narratives.

Forfeited Shares

Shares that have been surrendered or given up by the shareholder, often due to non-payment of share allotment or call money.

Refundable

Describes money that can be returned to the payer, often seen in tax credits or deposits that can be reclaimed under specific conditions.

Financial Statements

Documents outlining the financial activities and condition of a business, organization, or individual, typically including the balance sheet, income statement, and cash flow statement.