Which Aspect of Planning Is Emphasized When It Is Said

question 87

Multiple Choice

Which aspect of planning is emphasized when it is said that managers need to make every attempt to collect and utilize all available information at their disposal?

• A)unity
• B)flexibility
• C)continuity
• D)accuracy
• E)vertical integration

---

Definitions:

Current Liabilities

A company's obligations or debts that are due within a year or within its operating cycle.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within a year or within the operating cycle of the business, whichever is longer.

Ratio of Debt

A financial metric that measures the amount of debt a company has compared to its assets or equity, indicating the financial leverage or risk.

Accounting System

A systematic process of recording, reporting, and analyzing financial transactions of a business.