Question

In: Accounting

Imagine that a classmate or coworker argues that it is redundant to include both an executive...

Imagine that a classmate or coworker argues that it is redundant to include both an executive summary and an introduction in a report. How would you explain the different functions of an executive summary and introduction—and the reason for including both?

Solutions

Expert Solution

Executive summary-

-An executive summary provides an over view of the main point of a larger and lengthy report. It is inclided so that the reader having less time can review the main and important points of the report with less time. Following are the main functions of the executive summary in a report-

  • Provide the reader of the report the essetial content of the report
  • Previews the main point of your document enabling reader to build an mental framework for understanding the detailed information inside the report
  • Provide the reader the key result and key recommendations in the report
  • It enhances the quality of the report

Introduction-

-The Introduction para in a report provides an idea to the reader what the report is all about. It helps the reader to understand the report.Following are the functions of the Introduction para

  • It introduses the topic of the report
  • state the aim of the project
  • state the purpose of the project
  • Outline the report structure

-Both the Executive summery and introduction para a important content of a proper report. Both are to be included in order to enhance the quality of the report. Because introduction para will give a brief idea about the report and its contents. While the Executive summery is needed for those who want to review the main points of the report in less time. Hence from the reader point of view both the Introduction and Executive summery para is important.

-Beloe is the proper format of a report-

1. Title

2.Executive Summary

3.Introduction

4.Main body or content

5.Discussion

6.Conclusion

7.Recommendations

8.Appendices


Related Solutions

Imagine this scenario: You and your coworker were both up for promotion; however, you received the...
Imagine this scenario: You and your coworker were both up for promotion; however, you received the promotion and your coworker did not. How would you write an email using an indirect negative message.
A classmate argues that “the best way to handle stress is to work harder and meet...
A classmate argues that “the best way to handle stress is to work harder and meet life's challenges head-on.” Evaluate both the strengths and the weaknesses of your classmate's position in light of the distinction between coping with stress and managing stress.
Your trusty classmate argues that the Average Product of Labor for his firm is increasing because...
Your trusty classmate argues that the Average Product of Labor for his firm is increasing because the Marginal Product of Labor is decreasing. Is you classmate correct? Why or why not?
The advantages of a relational database include limiting the amount of redundant data that are stored...
The advantages of a relational database include limiting the amount of redundant data that are stored in a database. Why is this an important advantage? What can go wrong when redundant data are stored?
WEEK 6: A QUESTION OF ETHICS, FRAUD, OR BOTH? A coworker comes to you with the...
WEEK 6: A QUESTION OF ETHICS, FRAUD, OR BOTH? A coworker comes to you with the following problem. "I just provided the Chief Financial Officer with our projected sales for next year. I was very aggressive with the projections and know everything must work out perfectly for us to reach these sales projections. The CFO stated I needed to revise them upwards by 25% or I will be fired." We all know he is retiring in six months and I...
complete a rapid assessment, and provide a SBAR report to a classmate. Remember to include all...
complete a rapid assessment, and provide a SBAR report to a classmate. Remember to include all concepts of patient safety, standard precautions, and professional standards. You are called to the room of 2-year-old Jonah by his mother who states the child has suddenly started breathing very loudly and does not look right. Upon entering the room you quickly recognize that the child is in respiratory distress as his lips are cyanotic and the use of accessory muscles is evident. please...
The Executive summary is a written version of what is known as an “elevator pitch”. Imagine...
The Executive summary is a written version of what is known as an “elevator pitch”. Imagine yourself on an elevator with a potential lender or investor. Only the two of you are on the elevator, and you have that person’s undivided attention for the duration of the ride, but the building is not very tall! Explain the five-part framework that you would use to convince the investor that your business is a great investment
Imagine yourself to be a corporate executive in charge of deciding whether or not your company...
Imagine yourself to be a corporate executive in charge of deciding whether or not your company should go ahead building this factory your production people have been talking about for a while. Keeping in mind the time value of money, how would you go about making that decision?
a)Imagine that you are the Chief Financial Officer (CFO) of a startup airline company. The executive...
a)Imagine that you are the Chief Financial Officer (CFO) of a startup airline company. The executive management team has tasked you with making a recommendation about whether the company should buy or lease airplanes. Analyze the major pros and cons for leasing and buying assets. Based on your analysis, provide a recommendation to the executive team. b)Compare and contrast the three (3) methods for depreciating plant assets. Recommend the method that maximizes profits for both a shorter period of time...
Imagine that you are the Chief Financial Officer (CFO) of a startup airline company. The executive...
Imagine that you are the Chief Financial Officer (CFO) of a startup airline company. The executive management team has tasked you with making a recommendation about whether the company should buy or lease airplanes. Analyze the major pros and cons for leasing and buying assets. Based on your analysis, provide a recommendation to the executive team. Please cite
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT