Saoirse Is Writing a Progress Report on the Development of a New

question 42

Multiple Choice

Saoirse is writing a progress report on the development of a new software program for a client. She and her team faced a technical glitch last week, which has since been solved. Which of the following is the best way to present this information to the client?

• A) "I'm really sorry, but we're running two days behind schedule. We will however be back on schedule by the end of the month."
• B) "We have had a major problem last week because of which our work is affected to an extent. However, we should be able to finish by the due date."
• C) "We overcame a major technical glitch last week. We are now on track to finish the work by the due date."
• D) "Owing to the huge technical problem we faced last week, we are a little behind schedule. We may need an extension on the deadline"
• E) "Please accept our sincere apologies. We will be unable to complete the work according to the estimated deadline."

---

Definitions:

Dow Jones Industrial Average (DJIA)

An index that shows how 30 large, publicly-owned companies based in the United States have traded during a standard trading session in the stock market.

Dollar Price

The cost or value of a financial instrument or commodity expressed in terms of US dollars.

Capital Structure

The mix of debt and equity that a company uses to finance its operations and growth, crucial for determining the company's leverage and financial strategy.

Treasury Bonds

Long-term government debt securities issued by the U.S. Treasury with a maturity of more than ten years that pay periodic interest until maturity when the face value is paid back.