Long-Term Planning Using Industry Scenarios Generally Involves All of the Following

question 34

Multiple Choice

Long-term planning using industry scenarios generally involves all of the following except:

• A) Reviewing historic developments in customer bases, technologies and environments
• B) Checking on government-level (de)regulations, geopolitical events affecting the industry over the past decade
• C) Reviewing long-term changes in industry structure and for key competitors
• D) Projecting current trends over the next 3-5 years

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Definitions:

Consolidating Entries

Journal entries made in the process of combining the financial statements of multiple subsidiaries with those of a parent company.

Original Cost

The acquisition cost of an asset before adjusting for depreciation, amortization, or impairment costs.

Book Value

The net value of a company's assets minus its liabilities, essentially the company's total equity.