Match the Term with Its Descriptor

question 56

Multiple Choice

Match the term with its descriptor.
-assessing the organization's internal environment

• A)environmental analysis
• B)internal analysis
• C)SWOT technique
• D)objectives
• E)goals
• F)management by objectives
• G)operational planning
• H)budget
• I)policy
• J)procedure

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Definitions:

Depletion Expense

The allocation of the cost of natural resources over the period they are consumed or sold.

Coal Mine

A site for the extraction of coal from the earth, typically involving underground or open-pit operations.

Accumulated Depreciation

The total depreciation for a fixed asset that has been charged to expense since the asset was acquired and made available for use.

Trade-in Allowance

The amount credited to a buyer by a seller for the property or goods being part-exchanged.