Which of the Following Is a Planning Step That Immediately

question 30

Multiple Choice

Which of the following is a planning step that immediately follows the establishment of a goal by a manager?

• A) Developing a systematic approach, or plan, to achieve the objective
• B) Implementing the plan and monitoring its implementation
• C) Setting an alternative objective as a backup strategy
• D) Identifying and assessing present and future conditions affecting the objective

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Definitions:

Acid-Test Ratio

The Acid-Test Ratio, also known as the quick ratio, measures a company's ability to cover its short-term liabilities with its most liquid assets.