Exam 13: Proposals, Business Plans, and Formal Business Reports

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The budget outlined in a proposal is considered to be an estimate - with the understanding that if your costs increase the budget can be adjusted accordingly.

(True/False)
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The part of a formal report that highlights the important points for people who may not have time to read the entire document is the ________.

(Multiple Choice)
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In a formal report,the letter or memo of transmittal usually ________.

(Multiple Choice)
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A(n)________ to a proposal explains the reasons for the proposal and highlights the writer's qualifications.

(Short Answer)
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Which statement does not describe the body of a formal business report?

(Multiple Choice)
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Which of the following statements about business plans is least accurate?

(Multiple Choice)
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The ________ page of a formal proposal contains the name of the client organization,name of the author,and the date of submission.

(Short Answer)
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Because they are written for managers and decision-makers,________ summaries are less technically oriented than abstracts.

(Short Answer)
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Formal business reports are similar to formal proposals in that they both make offers.

(True/False)
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Will is writing a solicited proposal in response to an RFP and is working on the background section.What is his goal in this section?

(Multiple Choice)
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In determining which business plans to fund,investors search for a concept with promising growth potential rather than the most unique product or service.

(True/False)
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Nora is aware that some of her report's content may not be well received by some of her readers.What type of headings should she use?

(Multiple Choice)
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In an introduction to a formal report,what section identifies who commissioned the report?

(Multiple Choice)
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Executive summaries of formal reports should be limited to one page.

(True/False)
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It is acceptable to omit a list of figures in a proposal as long as the proposal contains only a few tables or figures.

(True/False)
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The same information may be included in the letter of transmittal,executive summary,and introduction of a formal business report.

(True/False)
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The ________ of a formal business report contains the report title,the name of the person receiving the report,the author's name,and the date of submission.

(Multiple Choice)
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The financial analysis section of a business plan should ________.

(Multiple Choice)
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Which government agency provides themost useful advice for writing a business plan?

(Multiple Choice)
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Trends,projected growth,and customer behavior are discussed in the ________ analysis section of a business plan.

(Short Answer)
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