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In this example, we transformed the active statement into a passive report. The key here is to use "It was reported that…" followed by the passive form of the original statement. The tense also shifts back one step (present perfect "has approved" becomes past perfect "had been approved").
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* **Are the fees negotiable?** If you have a larger portfolio, ask whether the fees are negotiable. There may be some room for negotiation, depending on your situation.
