An ________ is important when a letter of transmittal is not included in a formal report
A) introduction to the report
B) offer to provide additional information or assistance
C) authorization of the report
D) acknowledgment of help received while preparing the report
E) executive summary
Answer: C
Explanation: C) A transmittal document introduces the report, offers to provide additional assistance, and acknowledges help received while preparing the report.
You might also like to view...
Under the ____________________ inventory system, the inventory account is updated after each purchase or sale
Fill in the blank(s) with correct word
Directional testing involves testing transactions or balances primarily for which type of error?
a. Overstatement. b. Understatement. c. Either overstatement or understatement. d. Either overstatement nor understatement.
A scatter diagram plots data pairs in an x- and y-axis graph
Indicate whether the statement is true or false
A company had average total assets of $2,560,000, total cash flows of $1,860,000, cash flows from operations of $340,000, and cash flows from financing of $1,020,000. The cash flow on total assets ratio equals:
A. 13.28%. B. 39.80%. C. 12.58%. D. 72.66%. E. 23.86%.