Which of the following guidelines is NOT appropriate when preparing memo and letter reports?
a. Use personal writing style, including first- and second-person wording.
b. Use deductive approach, regardless of the message content.
c. Use headings, tables, and graphic elements as needed.
d. All of the above are appropriate.
B
Business
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Interest rate and payment can change every three to five years in
a. a graduated payment mortgage. b. a renegotiable-rate mortgage. c. a growing equity mortgage. d. a reverse annuity mortgage.
Business
Which of the following does a firm consider in the choice of securities issued?
A) the tax consequences of the chosen security B) the transactions costs of the chosen security C) whether the chosen security will have a fair price in the market D) All of the above are considered.
Business