One Difference Between a Company's Long-Range Planning Efforts and Its

question 101

Multiple Choice

One difference between a company's long-range planning efforts and its annual budget preparation is

• A)long-range planning documents usually contain more detail than annual budgets.
• B)annual budgets usually contain more detail than the long-range planning process.
• C)long-range planning documents focus on the company's internal environment more than annual budgets.
• D)annual budgets focus on the external environment more than the long-range planning process.

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