Which of the Following Is True About Standards for the Use

question 63

Multiple Choice

Which of the following is true about standards for the use of numbers in business writing?

• A) By the rule of nine, numbers nine and below should be spelled out.
• B) By the rule of nine, numbers ten and above should be spelled out.
• C) By the rule of nine, figures for numbers 9 and below should be spelled out.
• D) Figures for numbers should be used when a number begins a sentence.
• E) Figures should be used for all percentages.

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Definitions:

Declaration

An official announcement or formal statement, often used in the context of declaring dividends to be paid to shareholders.

Cash Dividend

A Cash Dividend is a payment made by a company out of its earnings to investors in the form of cash.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenues.

Common Stock

A type of security that represents ownership in a corporation, entitling the owner to vote at shareholders' meetings and receive dividends.