The challenge is to shrink the report down to its major facts, analyses, and conclusions, including everything that is key, while keeping it to about one tenth the length of the report. The easiest way to accomplish this task is to first write the entire report; then go through it and highlight the key statements, generalizations, and topic sentences. Then, just transfer the key statements to a fresh file or page, in the same order that they appear in the report. Finally, edit for clarity and conciseness.
What will be an ideal response?
The recommended heading system tells the reader, by the heading’s position and
style, the relative specificity of the material that follows. Thus, a first-level or main
heading is the most general; the lower the heading level, the more specific the
information.
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Which category of cash flows—operating, investing, or financing activities—do you think is most likely to have a net cash outflow over a number of years? Explain
As a general principle, under the accrual basis of accounting, the firm recognizes revenue when the transaction meets which of the following conditions?
a. completion of the earnings process, only b. receipt of assets from the customer, only c. completion of the earnings process and receipt of assets from the customer d. expiration of the warranty period, only e. receipt of the final payment, only
List two strengths and one weakness of the accounting rate of return capital budgeting method
What will be an ideal response
Briefly describe the union members' bill of rights