To Avoid Sounding Repetitious in a Formal Business Report

question 1

Multiple Choice

To avoid sounding repetitious in a formal business report,

• A) vary your presentation of the information slightly.
• B) do not include information that has been presented elsewhere.
• C) skip the introduction if it contains information that has been presented elsewhere.
• D) word the information in exactly the same way you did in a previous section of the report.

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Definitions:

Collection

An effort to accumulate amounts due from debtors, or the process of recovering financial obligations.

Conceptual Framework

A system of ideas and objectives that guides the development of standards and practices in financial reporting and accounting.

Financial Reporting

Financial reporting involves the disclosure of financial information to various stakeholders about the financial performance and position of an organization over a specific period of time.

Measurement

The process of quantifying qualitative financial data in monetary terms through various accounting methods.