In an Unsolicited Proposal,a Synopsis or Executive Summary May Be

question 40

Multiple Choice

In an unsolicited proposal,a synopsis or executive summary may be

• A)essential for highlighting your competitive advantage.
• B)useful if the proposal is short.
• C)placed in an appendix.
• D)replaced by a letter of transmittal.
• E)most effective if it does not mention the RFP to which you are responding.

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Definitions:

Straight-Line Method

An approach for calculating depreciation of an asset, which spreads the cost evenly over its useful life.

Depreciation

A process for spreading out the expense of a physical asset across its lifespan.

Residual Value

The estimated value that an asset will realize upon its sale at the end of its useful life.

Straight-Line Depreciation

A method of calculating the depreciation of an asset, distributing its cost evenly across its useful life.