When writing a direct format bad news message, reasons for the decision or news should always be provided
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: If you want to preserve a long-standing relationship with an important customer, a detailed explanation could well be worth the extra effort such a message would require. However, you will encounter some situations in which explaining negative news is neither appropriate nor helpful, such as when the reasons are confidential, excessively complicated, or irrelevant to the reader.
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On December 1, the board of directors of Buy & Large, Inc., declared a cash dividend of $2 per share on the 300,000 common shares outstanding on record at December 31, payable January 10 of the following year. No other dividends were declared in either year. Show the effect on the accounting equation of the entry to be recorded on December 1: What happened to SE?
A. Debit Dividends 600,000 B. Debit Common Stock 600,000 C. Debit Dividends Payable 600,000 D. 0 No Effect E. Debit Cash 600,000 F. Credit Common Stock 600,000 G. Credit Paid-in Capital in Excess of Par 600,000 H. Credit Cash 600,000 I. Credit Dividends Payable 600,000 J. Debit Dividends and Credit Dividends Payable 600,000
________ reflects the ways in which customers become part of the process and the extent of their participation
Fill in the blanks with correct word