A(n) _______________________ Writing Style Is Normally Used When a Report

question 15

Short Answer

A(n) _______________________ writing style is normally used when a report is written for a familiar audience or company insiders.

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Definitions:

Capital Cost Allowance (CCA)

A tax deduction in some jurisdictions for depreciation of assets, allowing businesses to write off the cost of assets over time.

Year-end UCC

The Undepreciated Capital Cost of an asset at the end of a fiscal year, relevant in tax calculations.

Net Capital Cost

The total cost of purchasing an asset including acquisition costs but net of any deductions, rebates, or subsidies.

Weighted Average Cost of Capital (WACC)

This is the average rate of return a company is expected to pay its security holders to finance its assets. WACC is the minimum return that a company must earn on an existing asset base to satisfy its creditors, owners, and other providers of capital.