The Introduction (Or Opening) of a Business Report or Proposal

question 54

Multiple Choice

The introduction (or opening) of a business report or proposal should always

• A) outline your conclusions or recommendations.
• B) provide a detailed description of your qualifications to write the report.
• C) indicate why the subject of the report is important.
• D) list all the sources from which you draw information.

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Definitions:

Gross Margin

The difference between revenue and the cost of goods sold, divided by revenue, expressed as a percentage. It shows the percentage of revenue that exceeds the cost of goods sold.

Consolidated Inventory

involves aggregating the inventories of a parent company and its subsidiaries, presenting them as a single inventory balance in the consolidated financial statements.

Outstanding Shares

The total number of shares of a corporation that are currently owned by all its shareholders, including shares held by institutional investors and restricted shares.

Straight-Line Method

A method of calculating depreciation of an asset by evenly distributing its cost over its useful life.