Long Reports Written for the Client Are Types of Written

question 37

Multiple Choice

Long reports written for the client are types of written _____ reports.

• A) formal
• B) informal
• C) memorandum
• D) management
• E) technical

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Definitions:

Marginal Tax Rate

The tax rate that applies to each additional dollar of income earned; the percentage of tax paid on any additional income earned.

Capital Structure

The mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity, which determines its financial leverage.

Pre-tax Cost

The expense associated with a resource or activity before the effect of taxes is considered.

Semi-annually

Occurring twice a year, a term often used in reference to the payment of interest or dividends.