When Should You Consider Including an Abstract

question 16

Multiple Choice

When should you consider including an abstract?

• A) if your report is longer than ten pages
• B) if your report will be read by audience members outside of your company
• C) if your report will be published to a large audience
• D) if your report includes many graphics

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Definitions:

Cost of Borrowing

The total charges, including interest and any other fees, that a borrower pays to secure and use borrowed money.

Acid-Test Ratio

A financial metric that measures a company's ability to meet its short-term obligations with its most liquid assets.

Working Capital

Current assets less current liabilities.

Current Ratio

A financial metric that measures a company's ability to pay off its short-term liabilities with its short-term assets.