A Strategic Planning and Management System Used to Translate and Align

question 12

Multiple Choice

A strategic planning and management system used to translate and align business activities to the vision statement of a business after review of the company's financial processes,customer processes,internal processes,and innovation/growth processes is referred to as:

• A)vision quest.
• B)game plan.
• C)process scorecard.
• D)balanced scorecard.
• E)retrieval plan.

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Definitions:

Par Value

The face value of a bond or stock, as stated by the issuing company, which often bears no relation to its market value.

Straight-Line Method

A depreciation technique in which an asset's cost is evenly reduced over its useful life, assuming constant use and value decline.

Interest Expense

The cost incurred by an entity for borrowed funds, reflecting the interest payments on debt obligations over a period.

Par Value

The stated value of a financial instrument such as a bond or stock share, as declared by the issuer.