In a Single-Spaced Letter or Memo,one Should

question 48

Multiple Choice

In a single-spaced letter or memo,one should:

• A) type main headings with the same font as that of the body.
• B) add double-space between the heading and the text that follows.
• C) type the body of the memo in capitals to emphasize important data.
• D) use subheadings if there is only one subdivision under the heading.
• E) add single-space between previous text and the heading in single-spaced text.

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Definitions:

Cost Flow Assumption

Accounting assumptions used to calculate the cost of inventory sold and ending inventory value, such as FIFO, LIFO, or weighted average.

Reverse Order

A sequence of objects or tasks arranged in the opposite manner from which they were initially presented or executed.

Cost Flow Assumption

An accounting method that determines the value of remaining inventory and the cost of goods sold, such as FIFO or LIFO.