Question 1

Which of the following is most likely to appear in the appendix section of a formal proposal?

Accepted Answer

A) A copy of the RFP 
B) A list of tables and figures that appear in the proposal 
C) The résumés of principal investigators or testimonial letters 
D) An executive summary of the proposal

Question 2

Ancillary materials of interest to only some readers,such as résumés of principal investigators,testimonial letters,and audit procedures,would be included in the ________ of a formal proposal.

Accepted Answer

The answer of Ancillary materials of interest to only some...

Question 3

A potential angel investor is reading your business plan for a new start-up company.What will this investor most likely consider to be the most important factor in assessing your business potential?

Accepted Answer

A) Whether you're aware of all of your direct and indirect competitors 
B) Whether you've come up with a realistic start-up budget 
C) Whether your management team can implement the business plan 
D) Whether your start-up company will use social media for marketing and communication

Question 4

A letter of ________ addresses the person designated to receive a formal proposal and briefly presents the major features and benefits of the proposal.

Accepted Answer

The answer of A letter of ________ addresses the person...

Question 5

Which of the following components is typically included in a formal proposal but is optional in an informal proposal?

Accepted Answer

A) Budget 
B) Staffing 
C) Authorization Request 
D) Abstract or summary

Question 6

Executive summaryand abstract are interchangeable terms for the summary in the front matter of a proposal.

Accepted Answer

A) True 
 B)False

Question 7

The budget included in a proposal ________.

Accepted Answer

A) is tentative and may be modified later 
B) represents a contract 
C) should be open-ended for acceptance 
D) should not include a deadline for acceptance because doing so might seem too pushy

Question 8

Which section of a proposal typically identifies the problem and discusses the goals or purposes of the project?

Accepted Answer

A) Background 
B) Staffing 
C) Budget 
D) Authorization Request

Question 9

Which of the following statements would not be appropriate for a letter or memo of transmittal?

Accepted Answer

A) I would be glad to do follow-up research if required. 
B) I appreciate the opportunity to have completed this research project. 
C) This report investigating the need to relocate the corporate offices was authorized by Doug Peters. 
D) The questionnaire shown here was used to collect data for this report.

Question 10

Another form of proposal is a(n)________ plan,which is critical for securing financial support when starting your own company.

Accepted Answer

The answer of Another form of proposal is a(n)________ plan,which...

Question 11

The staffing section of an informal proposal may ________.

Accepted Answer

A) identify the size and qualifications of the support staff 
B) describe the credentials and expertise of the project leaders 
C) identify resources such as computer facilities that will be used during the project 
D) do all of these

Question 12

Tamara must send the same formal report to several readers.What should she do?

Accepted Answer

A) Send the same letter of transmittal to all readers. 
B) Omit the letter of transmittal. 
C) Prepare a special letter of transmittal for each,anticipating how each reader will use the report. 
D) Include a letter of transmittal for only the primary reader.

Question 13

A(n)________ summarizes what other authors and researchers have published on the topic of your report and is especially important for academic and scientific reports.

Accepted Answer

A) executive summary 
B) Works Cited 
C) literature review 
D) methods review

Question 14

Appearing in the introduction,the ________ of a formal business report clarifies the boundaries of the report and defines what will be included or excluded.

Accepted Answer

A) scope 
B) significance 
C) background 
D) authorization

Question 15

Describe what a formal business report is and explain how it differs from a formal proposal.Then give an original example of when each would be written.

Accepted Answer

The answer of Describe what a formal business report is...

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