The ____ Is a Type of Operational Plan That Saves

question 46

Multiple Choice

The ____ is a type of operational plan that saves managers time because it is created once and then used repeatedly to handle frequently recurring events.

• A)standing plan
• B)budget
• C)single­use plan
• D)options­based plan
• E)forecast

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Definitions:

Gift Promises

A declaration by an individual to transfer ownership of an item to another without the exchange of payment.

Legality

The state of being in accordance with the law; legality refers to conformity with statutes and regulations.

Consideration

In contract law, something of value exchanged between parties that is essential for a valid and enforceable contract.

Public Officials

Individuals elected or appointed to carry out governmental duties and responsibilities.