Which of the Following Statements Is True About the Planning

question 57

Multiple Choice

Which of the following statements is true about the planning stage of the writing process?

• A) The planning stage is the last stage in the writing process.
• B) A business writer should spend more time on drafting and skip the planning stage.
• C) The planning stage is independent of the drafting stage.
• D) This stage involves the convergence of a writer's business goals with his writing goals.
• E) A business writer should spend more time on planning and skip revising.

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Definitions:

Accounting Rate of Return

A financial metric used to measure the profitability of an investment, calculated by dividing the average annual profit by the initial investment cost.

Financial Statement

A formal record of the financial activities and position of a business, person, or other entity, presented in a structured way.

NPV

Net Present Value (NPV) is a method used in capital budgeting to evaluate the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows.

Cost of Capital

Cost of capital represents the return rate an entity must pay to its stakeholders in order to justify the use of capital in the business.