Karla, an Accounts Receivable Manager, Receives a Report from a Team

question 37

Multiple Choice

Karla, an accounts receivable manager, receives a report from a team that she asked to investigate the latest accounts receivable techniques and software. She is disappointed when she reads it because the team has not done enough research and the report's recommendations are confusing and not supported by details or explanations. She considers responding with the following comments, but then decides that only one would be constructive. Which comment is the best example of constructive criticism?

• A)You should always pay more attention to detail.
• B)You and your team did a great job.Congratulations.
• C)I don't understand a thing about this report.Learn to write better.
• D)Next time, we'll need to explain the effects better before we provide recommendations.

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Definitions:

Depreciation Method

A systematic approach used to allocate the cost of an asset over its useful life, reflecting its consumption, wear and tear, or obsolescence.

Economic Benefits

The gains derived from financial and non-financial activities, including income, improved well-being, or increased value.

Asset's Fair Value

The estimated price at which an asset could be bought or sold in a current transaction between willing parties, other than in a liquidation sale.

Double Diminishing-Balance

A method of accelerated depreciation which doubles the rate at which an asset's book value depreciates, leading to larger deductions in the early years of an asset's life.