If Your Telephone Rings When You Are in Your Office

question 35

Multiple Choice

If your telephone rings when you are in your office and are NOT alone, you should:

• A) Answer the phone
• B) Excuse your guest and take the call in private
• C) Ignore the call, unless you are expecting an important call that you have notified your guest beforehand
• D) None of the above

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Definitions:

Liability

A company's financial debts or obligations that arise during the course of business operations.

Cumulative Preferred Stock

A type of preferred stock that entitles its holders to dividends that accrue if not paid in any year, payable before any dividends to common stockholders.

Dividends Payable

Liabilities on a company’s balance sheet representing amounts owed to shareholders as part of the profit-sharing from dividends declared.

Issuing Company

A corporation that has put into circulations its shares or bonds to raise capital by selling those securities to investors.