The work plan section of a formal proposal

A) is presented in the conclusion.
B) is contractually binding if the proposal is accepted.
C) delineates the costs involved in your proposed solution.
D) describes your organization's experience, personnel, and facilities.
E) points out the advantages that your company can offer.

Answer: B
Explanation: B) The work plan, discussed in the body, indicates exactly how you will accomplish the solution presented in the proposal. If your proposal is accepted, the work plan is contractually binding, so don't promise more than you can deliver.

Business

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Which of the following is not a basic activity of the revenue cycle?

A) sales order entry B) shipping C) receiving D) billing

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During the accounting period, office supplies were purchased on account for $3,200. A physical count, on the last day of the accounting period, shows $1,100 of office supplies on hand. Supplies Expense for the accounting period is $3,600

What was the beginning balance of Office Supplies? A) $4,700 B) $2,100 C) $1,500 D) There is not enough information to answer this question.

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