Assumptions Should Never Be Part of the Planning Process

question 111

True/False

Assumptions should never be part of the planning process.

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Definitions:

Ownership

The legal right to possess, use, control, and dispose of property, assets, or resources.

Seniority

The status obtained by an employee based on length of service or tenure, often affecting promotions, layoffs, and other job-related benefits.

Personal Property

Moveable property that is not fixed permanently to one location, such as furniture, vehicles, and electronic goods, as opposed to real estate.

Ownership Rights

Legal entitlements associated with possessing property, including the rights to use, rent, sell, or transfer it.