Which of the Following Is Most Likely to Be True

question 23

Multiple Choice

Which of the following is most likely to be true of including headings in reports?

• A)If a report contains an appendix, then headings must not be used in that report.
• B)At a minimum, you should include third-level headings.
• C)Except survey reports, all other forms of reports should include headings.
• D)Reports over five pages are likely to require second-level headings.
• E)Avoid using headings in a report if it contains a memo of transmittal.

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Definitions:

Perfectly Competitive

A market structure characterized by many buyers and sellers, all of whom have complete information and the products offered are homogeneous.

Marginal Cost

is the extra cost incurred by producing one more unit of a product or service.

Fixed Cost

Costs that do not change with the level of production or output, such as rent, salaries, and loan payments.

Variable Costs

Costs that change in proportion to the level of output or activity in a business.