Which of the Following Guidelines Should Be Followed When Handling

question 19

Multiple Choice

Which of the following guidelines should be followed when handling two or more questions for a favorable response message?

• A) Make your answers stand out by dedicating a different response message to each answer.
• B) When answering two or more questions, preferably only answer the most important question.
• C) Avoid telling the reader that you are complying with the request, it sounds redundant.
• D) Avoid identifying the message being answered in the subject line.
• E) Arrange the answers according to the questions.

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Definitions:

Trading Costs

Expenses associated with buying and selling securities, including commissions, spreads, and slippage.

Collection Float

The time period between when a payment is initiated by a debtor and when the funds are actually available to the creditor.

Transaction Motive

Refers to the need to hold cash for the purpose of conducting daily business transactions and operations.

Lockbox System

A service provided by banks to process payments by collecting and depositing checks into the company's account quickly.