Which Sentence Is Expressed Correctly

question 20

Multiple Choice

Which sentence is expressed correctly?

• A) Representatives from the FTC, IRS, and FCC developed strategies to reduce costs within their organizations.
• B) The C.E.O., C.F.O, and several division managers of I.B.M. will meet at 3 p.m., E.S.T.
• C) Although based in the U.S., the company ships products to both Canada and the U.K.

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Definitions:

Goodwill

An intangible asset that arises when a company acquires another business for more than the fair value of its identifiable assets and liabilities.

Liabilities

Financial obligations or debts that a business owes to others, including loans, accounts payable, and mortgages.

Intangible Assets

Non-physical assets that have a value, such as trademarks, patents, and copyrights.

Appraised Value

The estimated monetary value of a property as assessed by a professional appraiser based on its features and market conditions.