A Report from a Development Firm to a Customer Explaining

question 41

Multiple Choice

A report from a development firm to a customer explaining the results of a year-long study of potential sites for new stores is most likely to be in which format?

• A) Memo format
• B) Printed form
• C) Letter format
• D) Manuscript format

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Definitions:

Subsidiary Ledger

A set of detailed accounts that supports the balance reported in a general ledger control account.

Accounts Receivable

The outstanding invoices a company has or the money the company is owed by its clients.

PR Column

Likely refers to a reference or designation in accounting or bookkeeping but insufficient context for a precise definition. Could potentially mean "Posting Reference" column used to track entries in ledgers.

Sales Tax

A tax levied by a government on the sale of goods and services, collected by the retailer at the point of sale and passed on to the government.