Which of the Following Is NOT a Characteristic That Should

question 14

Multiple Choice

Which of the following is NOT a characteristic that should be demonstrated by unit objectives?

• A)Objectives should reinforce organizational strategic goals. Strategic goals relate to mission- critical activities. Reinforcing objectives ensures that the various units contribute to the accomplishment of the organization's mission.
• B)Objectives should be challenging but attainable. Objectives that are easy to accomplish do not require stretch. Objectives that are impossible to attain are not motivational.
• C)Objectives should acknowledge the weaknesses of the organization and the strengths of the action plan to be implemented.
• D)Objectives should identify the time frame for accomplishment.

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Definitions:

Equal Payments

Regular and identical payments made over a specified period, often found in loan agreements or installment plans.

Present Value

The current value of a future amount of money or stream of cash flows given a specified rate of return.

Ordinary Annuity

A series of equal payments made at regular intervals, such as monthly or annually, over a specified period.

Annuity Due

An annuity payment arrangement where payments are made at the beginning of each period, as opposed to the end, which is the case with an ordinary annuity.