The Goal of Visioning, a Focus of the 2^nd Phase

question 8

Multiple Choice

The goal of visioning, a focus of the 2^nd phase of the MAPP process, is to:

• A) determine what community members imagine for the future.
• B) elicit ideas from focus groups about the changes they'd like to see in their community.
• C) reach consensus among MAPP partners about what they want their community to become.
• D) ascertain what community leaders' ideas are for a better community.

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Definitions:

Vertical Analysis

An approach to financial statement examination where each component within the principal groups of accounts (assets, liabilities, and equity) on a balance sheet is shown as a ratio of the overall category amount.

Total Assets

The sum of all resources owned by an entity, measured in monetary terms, and represented on the balance sheet.

Accounts Receivable Turnover

A financial ratio indicating how quickly a company collects cash from credit sales by measuring the number of times receivables are collected over a period.

Net Sales

Total revenue from sales minus returns, allowances, and discounts.