Business Finance 2023 Multiple Choice
1 The two major types of reports in business are the A formal and informal B statistical 2023
1.The two major types of reports in business are the:
A. formal and informal.
B. statistical and formal.
C. informal and memo.
D. informal and periodic.
2.The type of report used most frequently within business organizations is the:
A. formal report.
B. informal report.
C. statistical report.
D. research report.
3.Memo reports flow:
D. in all directions.
4. Formal business reports may be used:
A. both internally and externally.
B. when little time is available for research.
C. when the outcome is usually known.
D. mainly for external use only.
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