Assume That a Colleague Has Approached You for Help as He

question 30

Essay

Assume that a colleague has approached you for help as he prepares a formal business report. He knows that you're taking a business communications course and wants to take advantage of your expertise. Based on the material covered in your textbook, what five writing tips would you give your colleague? Be sure to explain each tip.

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Definitions:

Discounts Lost

A financial metric indicating the additional cost incurred by failing to take advantage of offered payment discounts by suppliers.

Vouchers Payable

An accounting term used to represent records of transactions or evidence of expenditure awaiting payment.

Withdrawals

A subdivision of owner’s equity that records money or other assets an owner withdraws from a business for personal use.

Vouchers Payable

Short-term obligations or liabilities that represent amounts owed to suppliers or creditors, which are supported by documentary evidence of the transaction.