The Management Function That Requires Managers to Look Ahead and Establish

question 1

Multiple Choice

The management function that requires managers to look ahead and establish objectives is

• A) controlling.
• B) directing.
• C) planning.
• D) constraining.

---

Definitions:

Financing Activities

Transactions that involve raising funds for the company through debt, equity, or other financial means.

Investing Activities

Transactions involving the purchase and sale of long-term assets and investments, part of the cash flow statement.

Indirect Method

A technique used in financial accounting to calculate cash flows from operations by adjusting net income for non-cash transactions.

Operating Activities

The primary, day-to-day activities of a business that relate to its production, sales, and delivery of goods and services.