Nelson Has Started Freelancing as a Proposal Writer And, as Such

question 78

Multiple Choice

Nelson has started freelancing as a proposal writer and, as such, he anticipates getting a lot of assignments for different kinds of proposals. Nelson's first client is looking for help writing a proposal to pitch his idea for a new invention to a manufacturer. What kind of proposal will Nelson write for this client?

• A) research
• B) sales
• C) planning
• D) investigatory

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Definitions:

Premium

The amount paid for an insurance policy, above the standard cost or for bonds, it's the amount by which the bond's selling price exceeds its face value.

Discount

A reduction from the usual cost of something, typically applied to incentivize purchase or payment within a certain timeframe.

Bonds Payable

A long-term liability account on a company's balance sheet representing the amount it owes to bondholders by the maturity date, typically including loans or other forms of debt obtained through issuing bonds.

Contra Account

An account used in financial reporting to reduce the value of a related account when the two are netted together.