問題文
A real estate firm's management summary of a valuation report presents the recommendation prominently but the board rejects it as unsupported. Reviewing, the summary omitted the comparable transactions the valuation relied on. What is the lesson?
選択肢
- The basis for the recommendation is part of what the summary has to retain, since a recommendation the reader cannot evaluate carries no weight.
- The recommendation should have been placed at the end rather than prominently at the top, so that the board reads the analysis first and arrives at the conclusion having already seen what supports it.
- The board should have requested the full valuation report before rejecting the recommendation, since the comparable transactions were available there and the summary was never meant to carry every detail.
- Valuation reports should not be summarized at all, since the reasoning in a valuation is inseparable from its conclusion and any shortened version will misrepresent it.