Which of the Following Is True About Long Reports

question 31

Multiple Choice

Which of the following is true about long reports?

• A)They use the third person.
• B)They focus more on the writer than on the data.
• C)They use contractions.
• D)They are usually informal.

---

Definitions:

Beginning Inventory

The value of inventory on hand at the start of an accounting period, before any purchases or production have occurred.

Sales

The total amount of a company's revenue generated from goods or services provided to customers.

Unearned Rent Revenue

Income received by a landlord for rent that has yet to be earned, typically relating to payment received in advance for future rental periods.

Service

A non-tangible good provided to consumers or businesses, such as consulting, banking, or cleaning, which can't be stored or physically possessed.