Which of the Following Report Sections Tends to Draw the Attention

question 46

Multiple Choice

Which of the following report sections tends to draw the attention of experts?

• A)The executive summary
• B)The body of the report
• C)The conclusions and recommendations of the report
• D)The appendix

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Definitions:

Net Income

The ultimate profit of a company calculated by removing all operational costs, taxes, and expenses from its gross income.

Financial Accounting Standards

Rules and guidelines developed by authoritative entities to govern how financial statements should be prepared and presented.

IASB

The International Accounting Standards Board, an independent body that develops and approves International Financial Reporting Standards (IFRS).

AICPA

The American Institute of Certified Public Accountants, a professional organization for certified public accountants in the United States.