Renton Has Been Asked to Present His Colleague,Rebecca,with the "Journalist

question 1

Multiple Choice

Renton has been asked to present his colleague,Rebecca,with the "Journalist of the Year" award.What is important for him to remember to say in this speech?

• A)to quickly announce the recipient's name and let her talk about the award
• B)to talk about the last recipient of the award and his accomplishments
• C)to briefly refer to the occasion and mention the significance of the award
• D)to mention that his colleague has been up for this award twice before

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Definitions:

Normal Balance

Refers to the debit or credit balance that is expected on a specific type of account based on its accounting rule.

Contra Asset

An asset account where the account balance is a negative amount that reduces the total value of assets on the balance sheet.

Accrued Expenses

Expenses that have been incurred but not yet paid or recorded, representing liabilities for a business.

Liabilities

Liabilities represent financial obligations or debts that a company owes to external parties, such as loans and accounts payable.