Plain Language Is a Style of Writing

question 48

Multiple Choice

Plain language is a style of writing

• A)used only for casual correspondence.
• B)designed to make complex materials more understandable to the audience.
• C)aimed primarily at readers for whom English is a second language.
• D)inappropriate for business communication.
• E)used in industry to describe products and technical issues,but never in professional settings.

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Definitions:

Net Asset Value

The total value of a fund's assets minus its liabilities, often used in the context of mutual funds to describe the per share/unit value of the fund.

Year-End Assets

The total value of all assets held by an individual or entity at the end of a fiscal year.

Bonds

Debt securities issued by entities (such as governments or corporations) to raise capital, with a promise to pay back the principal amount along with interest on specified dates.

Total Assets

The sum of all current and non-current assets owned by a company, representing the total resources that can be used to generate future revenue.