Which of the Following Types of Reports Does Not Require

question 9

Multiple Choice

Which of the following types of reports does not require a letter of transmittal?

• A) External report
• B) Internal report
• C) Technical report
• D) Management report
• E) Informational report

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Definitions:

Liquidating Dividend

A type of dividend paid by a company to its shareholders out of its capital base, essentially returning a portion of the capital initially invested back to the shareholders.

Earnings Per Share

A metric for assessing a company's earnings, determined by dividing its net income by the total outstanding common stock shares.

Preferred Stock

A class of ownership in a corporation with a higher claim on assets and earnings than common stock, usually with fixed dividends.

Cumulative Preferred Stock

A type of preferred stock whose dividends accumulate if not paid in the agreed periods.