Choose the Word or Phrase in [ ] Which Will

question 126

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-A liability would be listed on a personal balance sheet as the [amount originally borrowed | amount of the next loan payment to be made | none of these].

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Definitions:

Formal Channels

Official pathways of communication within an organization that are recognized and sanctioned by it.

Authoritative

Being final or conclusive; a position of power where the holder is able to enforce rules or directives.

Policies

Formal guidelines or rules that govern actions and decision-making within an organization.

Grapevines

Informal channels of communication within an organization, often based on rumor or gossip, which can spread information quickly but sometimes inaccurately.