________________ Is the Development of an Overall Strategy That Will

question 1

Short Answer

________________ is the development of an overall strategy that will review the present state of the organization,envision the future state of the organization,and devise a means of moving from one to the other.

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Definitions:

Credit

An accounting entry that increases a liability or equity account or decreases an asset or expense account.

Balance Sheet Accounts

Accounts that reflect the assets, liabilities, and shareholders' equity of a company at a particular point in time.

Real Accounts

Accounts related to assets, liabilities, and equity that are not closed at the end of the accounting period, as opposed to nominal accounts.

Accumulated

The total amount collected or gathered over a period, often referring to earnings, benefits, or other financial measures.