The Text of a Proposal

question 100

Multiple Choice

The text of a proposal

• A) should be less than six pages.
• B) consists of the introduction, body, and close.
• C) must always follow the AIDA plan.
• D) is usually presented in outline form.

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Definitions:

Lump Sum Payment

A single payment made at a particular time, as opposed to several smaller payments or installments.

Compounded Annually

A method of calculating interest where the interest earned over a period is added to the principal, and the total becomes the base for the calculation of the next period's interest.

Lump Sum Payment

A payment made in a single lump sum amount, often used in the context of paying off debts or settling transactions.

Sinking Fund

A reserve fund established by setting aside revenue over a period of time to fund a future capital expense or repay a long-term debt.