In the Hierarchy of Plans,the Levels Constitute a Hierarchy Because

question 143

True/False

In the hierarchy of plans,the levels constitute a hierarchy because implementing plans is practical only when there is a logical flow from one level to the next.

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Definitions:

Estimable

Capable of being estimated or approximated in magnitude or extent.

Remote

Refers to working from a location outside of the traditional office environment, often implying work done from home or another location through the internet.

Contingent Liability

A possible financial duty that could emerge in the future, contingent on the result of a certain event.

Probable

A term used in accounting and finance to describe events or outcomes that are likely to happen or transactions that are likely to occur.