The Narrative Form of an Executive Summary

question 74

Multiple Choice

The narrative form of an executive summary

• A)is more straightforward than the synopsis form.
• B)allows the author to include hyperbole that builds enthusiasm.
• C)is a better format for ventures that have one dominant advantage.
• D)gives each topic relatively equal treatment.

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Definitions:

Depreciable Equipment

Tangible assets used in business operations whose cost is allocated over its useful life due to wear and tear, obsolescence, or decay.

Operating Assets

Assets that are used in the day-to-day operations of a business, such as machinery, buildings, and equipment.

Discount Rate

The interest rate used in discounted cash flow analysis to determine the present value of future cash flows, reflecting the time value of money and risk of the investment.

Working Capital

The amount of available capital that a company has to run its day-to-day operations, calculated as current assets minus current liabilities.