The Most Common Ways to Describe Organizational Plans Are by Their

question 103

Multiple Choice

The most common ways to describe organizational plans are by their frequency of use, time frame, specificity, and ________.

• A) quantifiability
• B) attainability
• C) breadth
• D) flexibility

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Definitions:

Fiscal Year

A 12-month period used for accounting purposes and preparing financial statements, which may or may not align with the calendar year.

Redemption

The process of paying off or buying back something, such as redeeming a bond at maturity or redeeming shares of stock.

Bonds Issued

This term refers to the process where an entity, such as a corporation or government, issues debt securities to raise funds from investors.

Cash Received

The total amount of cash received by a company during a specific period of time, from various sources.