The statement of purpose for analytical reports will usually need to be more comprehensive than one for informational reports
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: The writer will do more than merely collect data; he or she also will draw conclusions and/or make recommendations. Therefore, purpose statements for analytical reports must be more comprehensive than purpose statements for informational reports.
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Following is a list of account balances of Surburban Lawn Services as of December 31 of the first year of operation
Accounts Receivable $4,000 Accounts Payable 6,000 Salaries Expense 7,000 Repairs Expense 600 Truck 10,000 Equipment 9,000 Notes Payable 8,300 Cash 7,200 Supplies Expense 1,500 Service Revenue 31,000 Gasoline Expense 3,100 Salaries Payable 300 What is the amount of total liabilities at the end of the year? A) $14,600 B) $26,800 C) $23,700 D) $14,300
Which action by an insurer, or its representatives, is not considered an unfair claims violation?
A. A claims adjustor misrepresents pertinent facts or policy provisions to dissuade a client from making a claim. B. An agent does not respond to a claimant's communication concerning a claim where a response is required. C. The claims department fails to affirm or deny coverage within a reasonable period of time after proof of loss has been submitted. D. An agent advises a claimant to obtain the services of an attorney.