When You Prepare Short Reports with Less Formal Writing, the

question 58

Multiple Choice

When you prepare short reports with less formal writing, the

• A) direct order is more the rule than the exception.
• B) report conclusion must not present a recommendation.
• C) need to use an introduction becomes more important.
• D) report is structured more formally, using objective language.
• E) focus shifts from the reader to the writer's findings.

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Definitions:

After-tax Holding-period Return

The return on an investment after accounting for taxes, over the period it was held, reflecting the true gain or loss.

Personal Trusts

Financial instruments in which assets are held by a trustee for the benefit of the trust's beneficiaries according to the terms of the trust agreement.

Risk Averse

A description of an investor's or institution's preference to avoid risk, opting instead for the most stable and predictable outcomes.

Investment Horizon

The total length of time that an investor expects to hold a portfolio or a specific investment before selling it.