Which of the Following Is NOT One of the Four

question 111

Multiple Choice

Which of the following is NOT one of the four planning activities undertaken by all corporate headquarters?

• A) defining the corporate mission
• B) establishing strategic business units
• C) assigning resources to each SBU
• D) assessing growth opportunities
• E) deciding sales channels

---

Definitions:

Beginning Cash Balance

The amount of cash available at the start of a financial period.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period to manage liquidity and ensure cash availability.

Incremental Approach

A decision-making process that focuses on analyzing the financial impact of small or incremental changes in operations or business activities.

Budgeting

The process of creating a plan to spend your money, outlining projected income and expenses.