Which of the Following Is NOT a Reason Given for Poor

question 11

Multiple Choice

Which of the following is NOT a reason given for poor or no strategic planning in an organization?

• A) Planning is viewed as a waste of time
• B) Content with current success
• C) Too busy "firefighting" to plan ahead
• D) No monetary rewards for planning
• E) Trust of management makes it unnecessary

---

Definitions:

Favorable Ratio

A ratio that indicates a positive outcome, often related to financial performance, such as higher revenue or lower expenses compared to previous periods.

Acid-Test Ratio

A financial metric used to evaluate a company's ability to pay off its current liabilities with its quick assets.

Year-End Information

Financial and operational data summarizing a company's performance over the course of a fiscal year, often used for analysis and reporting purposes.

Income Statements

A financial report that shows a company's revenue and expenses, resulting in net income or loss over a specific period.