Which section of a solicited proposal will provide a preview of the contents?
A) Letter of transmittal
B) Introduction
C) Copy of the RFP
D) Table of contents
E) Executive summary
Answer: B
Explanation: B) Synopsis or executive summaries are less common in formal proposals than in reports. In an unsolicited proposal, your letter of transmittal will catch the reader's interest. In a solicited proposal, the introduction will provide an adequate preview of the contents.
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Class B shares of a mutual fund are typically charged a back-end load when the shares are redeemed.
a. true b. false
Debt securities that the company has the positive intent and ability to hold to maturity. Companies report held-to-maturity securities at amortized cost, recognize interest when earned, and do not recognize unrealized holding gains or losses.
(a) interest rate swap (b) held-to-maturity securities (c) gains trading (d) consolidated financial statements