Which of the Following Statements About Business Reports Is Most

question 8

Multiple Choice

Which of the following statements about business reports is most accurate?

• A)The larger an organization,the more vital the exchange and flow of information becomes.
• B)Reports are prepared for internal readers,not external readers.
• C)To be considered a business report,a document must be in writing.
• D)To be considered a business report,the document must be at least ten pages in length.

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Definitions:

Implied Agency

A situation where an agency relationship is inferred from the actions of the parties rather than an explicit agreement.

Constructive Trust

A legal remedy imposed by a court to rectify situations where someone wrongfully holds property they should not benefit from.

Legal Right

A claim recognized and delimited by law for the purpose of securing it.

Fiduciary

A fiduciary is a person or organization that acts on behalf of another person or persons, putting their clients' interest ahead of their own, with a duty to preserve good faith and trust.