Sheeba Has to Write a Message Seeking Information About a Possible

question 65

Multiple Choice

Sheeba has to write a message seeking information about a possible venue for her company's annual employee-recognition banquet. Which of the following will be the most effective opening in her message?

• A) We would like to know about your banquet facilities.
• B) It would be nice if you could tell us about your banquet facilities.
• C) Will you please answer the following questions about your banquet facilities?
• D) As we are preparing for our annual employee banquet, we need information regarding your banquet facilities.
• E) Your banquet facilities appear to be just what we need.

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Definitions:

U.S. GAAP

The Generally Accepted Accounting Principles in the United States, a common set of accounting rules and standards for financial reporting.

IFRS

International Financial Reporting Standards, a set of accounting guidelines that provide a global framework for how public companies prepare financial statements.

Lower of Cost

An accounting principle requiring that inventory be recorded at the lower of its original cost or current market value.

Matching

An accounting principle where expenses are recorded in the period they are incurred to generate revenues.