The Part of a Formal Report That Highlights the Important

question 82

Multiple Choice

The part of a formal report that highlights the important points for people who may not have time to read the entire document is the ________.

• A)budget
• B)executive summary
• C)authorization
• D)table of contents

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Definitions:

Net Price

The actual price paid for a product or service after deducting any discounts, rebates, or promotions.

Complement Method

Method of computing the net price directly, using the complement of the trade discount rate.

Trade Discounts

Discounts given to buyers that generally are based on the quantity purchased.

Net Price

The real cost incurred for a product or service once all discounts, rebates, or allowances have been subtracted.