Whereas ________ proposals are used to request decisions from managers within an organization, ________ proposals are directed to parties outside the organization

A) formal; informal
B) internal; external
C) solicited; unsolicited
D) external; internal
E) direct; indirect

Answer: B
Explanation: B) Internal proposals can be more candid and free with facts. External proposals need to look out for possible misinterpretation of information by people outside of the company.

Business

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Under U.S. GAAP, ________ is an example of a period-of-time element and appears on the ________

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