Which of the Following Is True About Short Reports

question 78

Multiple Choice

Which of the following is true about short reports?

• A) Short reports are highly formal business reports located at the top of the hierarchical structure of reports.
• B) Short reports consist of only a title page, which may be combined with a transmittal message/summary, and the text.
• C) In very short reports, an incidental reference to the problem or authorization of the investigation does not provide sufficient introduction.
• D) Readers of short reports will need many reminders of what they just read or previews of what they are about to read.
• E) External short reports should not state the main findings in the transmittal message.

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Definitions:

Job Order Cost System

A job order cost system is an accounting method that tracks costs and revenues by specific jobs and assigns costs to products based on the jobs.

Job Order Costing System

An accounting system used to accumulate costs associated with a specific batch or order of production, suitable for businesses producing custom or unique products.

Service Firms

Companies that provide intangible products or services to customers, rather than physical goods.

Predetermined Overhead Rate

An estimated charge per unit of activity used to allocate manufacturing overhead costs to products or job orders, based on a set formula.