Asked by Shubrenia Scott on Jun 11, 2024
Verified
Organizations report to investors and donors in long,formal documents.
Formal Documents
Official papers that are prepared in a standard format for specific professional or legal purposes.
Investors
Individuals or entities that allocate capital to various types of investments with the expectation of generating a profit.
Donors
Individuals or organizations that contribute resources, such as money or goods, to support a cause or provide assistance.
- Distinguish between formal and informal reports.
Verified Answer
AP
Asutosh PanigrahiJun 15, 2024
Final Answer :
True
Explanation :
Organizations typically publish annual reports, financial statements, and other formal documents to report financial and operational performance to their investors and donors.
Learning Objectives
- Distinguish between formal and informal reports.