Now That You Have Read Chapter 12, Which Three of the Most

question 79

Essay

Now that you have read Chapter 12, which three of the most important, top-ten presentation speaking skills described at the beginning of the chapter are the ones you most want to improve in order to become a more effective presentation speaker? Explain why you have chosen these three skill areas.

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Definitions:

Interim Financial Statements

Financial reports covering a period of less than a full fiscal year, often quarterly.

Full Disclosure

A principle requiring that all material facts and information related to financial transactions be disclosed in financial statements.

Conservatism Principle

An accounting principle that advises reporting expenses and liabilities as soon as possible, but revenue only when it is ensured.

Gross Profit Method

An inventory valuation method used to estimate the cost of goods sold and ending inventory levels by applying a gross profit margin to sales.