Which of the following is done in the first step of ACE?
A) Analysis of your purpose
B) Organizing content
C) Revising the content
D) Formatting conventions
E) Drafting the content
Answer: A
Explanation: A) In the analyzing step of ACE, determine your purpose—the reason why you are communicating and the outcome you want to achieve.
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You are a staff accountant at manufacturing firm. IT is installing an new accounting system and would like to run the legacy system in parallel with the new system for a few weeks
Your boss, wanting to keep costs down, wants to stop using the legacy system as soon as the new system is installed. Prepare an email stating why the legacy system should run in parallel with the new system.
Which of the following statements is CORRECT?
a. On an expected yield basis, the expected capital gains yield will always be positive because an investor would not purchase a bond with an expected capital loss. b. On an expected yield basis, the expected current yield will always be positive because an investor would not purchase a bond that is not expected to pay any cash coupon interest. c. If a coupon bond is selling at par, its current yield equals its yield to maturity. d. The current yield on Bond A exceeds the current yield on Bond B; therefore, Bond A must have a higher yield to maturity than Bond B. e. If a bond is selling at a discount, the yield to call is a better measure of return than the yield to maturity.