Kelly Needs to Write an Internal Operational Message Explaining a Policy

question 10

Multiple Choice

Kelly needs to write an internal operational message explaining a policy change for completing travel reimbursement forms. The most appropriate way of presenting this information is:

• A) a casual internal operational message.
• B) a moderately formal internal operational message.
• C) a formal internal operational message.
• D) either a casual or informal internal operational message.
• E) either a casual, or moderately formal external operational message.

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Definitions:

Ending Inventory Balance

The total value of all goods available for sale at the end of an accounting period.

Net Realizable Value

The estimated selling price of goods minus the costs of their sale or disposal, utilized in inventory valuation and accounts receivable.

Internal Controls

Systems and procedures implemented by a company to ensure integrity of financial and accounting information, promote accountability, and prevent fraud.

Inventory Tickets

Documentation that tracks the quantity and description of inventory items in stock.