Which of the Following Statements Is Correct

question 62

Multiple Choice

Which of the following statements is correct?

• A)Long-range planning is just another term for budgeting.
• B)Budgeting and long-range planning differ with respect to emphasis, detail and time period.
• C)The only difference between budgeting and long-range planning is the time frame.
• D)Budgeting is the first step in long-range planning.

---

Definitions:

Work Ethic

The belief in the moral value and importance of work and its inherent ability to strengthen character.

Roger Williams

A Puritan minister who founded Rhode Island in 1636, advocating for religious freedom, separation of church and state, and fair dealings with Native Americans.

Anne Hutchinson

A Puritan spiritual adviser in the Massachusetts Bay Colony who was banished for her beliefs, which challenged the established Puritan clergy.

Church Membership

Affiliation or enrollment as a member of a church, often involving participation in its activities and adherence to its doctrines.