Which of the Following Statements Is True of the Components

question 33

Multiple Choice

Which of the following statements is true of the components of long, formal reports?

• A) When your investigation makes heavy use of published sources, you normally include either footnotes, a bibliography, or both.
• B) The executive summary reviews only the highlights of the report.
• C) The ending summary reviews the entire report, usually from the beginning to the end.
• D) The ending summary is more complete than the executive summary.
• E) As a rule, the appendix should include the charts, graphs, and tables that directly support the report.

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Definitions:

Balance Sheet

A report detailing a company's assets, liabilities, and equity of shareholders at a certain date.

Net Profit/Pretax Profit Ratio

A financial metric that compares the net profitability of a business to its earnings before taxes, indicating the portion of income retained after accounting for all expenses.

Leverage Ratio

A financial ratio that measures the amount of debt used in a company's financing structure relative to its equity or other assets.

Pretax Profit/EBIT

Earnings before interest and taxes, a measure of a company's profitability that excludes interest and income tax expenses.