Effective transitions in business reports

A) should never be longer than a short phrase.
B) may be as long as a sentence.
C) may be as long as a paragraph.
D) are included only between major sections–never within each section.
E) are usually developed as a heading.

Answer: C
Explanation: C) Transitions are words or phrases that tie ideas together and show how one thought is related to another. In a long report, an entire paragraph might be used to highlight transitions from one section to the next.

Business

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Irregular transactions such as discontinued operations and extraordinary items should be reported separately in

a. both a single-step and multiple-step income statement. b. a single-step income statement only. c. a multiple-step income statement only. d. neither a single-step nor a multiple-step income statement.

Business

The question of what business a firm is in is addressed in its:

A. Organization-wide strategic plan B. Opportunity analysis C. Tactical plans D. Mission statement E. Market segmentation strategy

Business