module 12- accounting applications

Question 1

effective skills in writing a business report

Answer 1

1. Know the audience that will be reading the report.
2. Use a professional and objective business style.
3. Include factual information that proves your verbal statements.
4. Organize this factual data in easy-to-read charts and graphs.
5. Keep all sections well-organized and in an easy-to-navigate fashion.

Question 2

order of writing a business report

Answer 2

• formal introduction
• states a problem the business aims to solve
• body of the report gives the facts and hypothesis used to solve these problems.
• conclusion ties up everything and gives the goals to be reached in the future

Question 3

trend or line graphs

Answer 3

shows data distributed over time.

Question 4

bar graphs

Answer 4

used to show the amounts of occurrence of different characteristics of data.

Question 5

pie charts

Answer 5

useful for showing different portions of the income statement

Question 6

memorandum

Answer 6

document used to communicate with others in the same organization. used for short fairly messages of one page or less.
header that includes date, to , from, and subject lines

Question 7

formatting of business letter

Answer 7

• Use single spacing.
• Use a simple format with a font that is easy to read.
• Leave a blank line between each paragraph. This makes it easier to follow the changes of topics within the letter.

Question 8

5 main areas of a business letter

Answer 8

1. The heading, which establishes the sender, often including address and date
2. The introduction, which establishes the purpose
3. The body, which articulates the message
4. The conclusion, which restates the main point and may include a call to action
5. The signature line, which sometimes includes the contact information

Question 9

intended audiences

Answer 9

the audience for which your information is intended

Question 10

unintended audiences

Answer 10

audiences that come across your documentary at any point in time

Question 11

business reports

Answer 11

used as a way of communicating to other business and investors the successes and future plans of the company

Question 12

accounting info

Answer 12

communicated sometimes to internal users in the form of a memo.

Question 13

business letters

Answer 13

this letter is a legal document. used when the writer would like to be formal and professional.