What are the three types of informative reports?
What will be an ideal response?
Informative reports are divided into three report types: periodic, progress, and unsolicited.
a) A periodic report is prepared at regular intervals, for example, weekly, monthly, or quarterly.
A quarterly sales report is an example.
b) A progress report gives the current status of a project, tells what has been completed since
the last progress report, and states when the project will be completed. Progress reports
usually are done for projects that require an extended period of time, such as three months or
more. They are often done informally in memorandum format but can include details of the
progress in separate documents created in project-management software. Progress reports
may also include supporting documents to show the progress of the entire project or specific
parts of the project.
c) An unsolicited report is, quite simply, one that you make on your own initiative rather than
one you are asked to prepare or a periodic report that you are expected to prepare at regular
intervals. In business, any idea for increasing efficiency, saving money, increasing
productivity, or increasing profits will usually be welcome. Unsolicited reports usually also
include a request to meet with the intended recipient to discuss any new ideas or products
presented in the report.
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Auditing exists because users need unbiased information on which to assess management performance and make economic decisions
a. True b. False Indicate whether the statement is true or false
How are permit departments helpful in conversion investigation efforts?
a. Identifying the nature and location of businesses, new leases, and recent construction. b. Obtaining information about chattel mortgages and loans to individuals or businesses on equipment. c. Obtaining license numbers used for identification in transactions. d. Identifying owned assets, indebtedness, mortgage holders, trustees or straw buyers.
If their contract contains no binding arbitration clause, the parties may secure arbitration by entering into a ________ agreement
A) remission B) subrogation C) submission D) protestation
Runyon was ready to sign a two-year agreement with Barnett Corp to become Barnett's sales representative for a three-state area. LaPrise, who wants to be the representative for that area, threatens Runyon with bodily harm if he takes the position. Runyon decides his physical well being is more important to him than the job, so he does not accept the position. LaPrise A)committed tortious
interference with a contract. B)committed tortious interference with a prospective advantage. C)committed a battery. D)caused a breach of contract and committed the tort of intrusion.