The Proper Sequence for the Standard Parts of a Letter

question 11

Multiple Choice

The proper sequence for the standard parts of a letter is

• A) heading, date, inside address, salutation, body, complimentary close, signature block.
• B) date, heading, inside address, salutation, body, typewritten name, complimentary close.
• C) salutation, date, heading, inside address, body, complimentary close, signature block.
• D) inside address, heading, date, salutation, body, complimentary close, typewritten name.
• E) salutation, inside address, body, complimentary close, signature block, date.

---

Definitions:

Horizontal Analysis

A side-by-side comparison of two or more years’ financial statements.

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (or financial statements) is represented as a proportion of the total account.

Common-Size Financial Statement

A financial analysis tool that presents all line items as a percentage of a common base figure, making it easier to compare financial statements of different-sized companies.

Vertical Analysis

A method of financial statement analysis in which each entry for a given period is represented as a proportion of a chosen total.