If Your Numbers in a Technical Report Are Approximate, What

question 52

Multiple Choice

If your numbers in a technical report are approximate, what should you do?

• A) Just use your numbers as they are; let the reader do their own due diligence.
• B) Clearly indicate that you are providing an approximation by using modifiers such as "approximately," "around," or "roughly."
• C) Place a statement in the summary indicating that all numbers are approximate.
• D) Place a statement in an appendix indicating that all numbers are approximate.

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Definitions:

Liability Accounts

Financial accounting records that represent the obligations or debts a company owes to others.

Expense Accounts

Accounts used to track and categorize money spent by a company in conducting its operations.

Unearned Items

Items for which payment has been received, but the service or product has not yet been delivered or completed.

Liability Accounts

Accounts on a company's balance sheet that track what it owes to others, including loans, accounts payable, and mortgages.