Which of the Following Statements About Standing Plans Is True

question 21

Multiple Choice

Which of the following statements about standing plans is true?

• A) Standing plans are developed to achieve a set of goals that are not likely to be repeated in the future.
• B) Standing plans are ongoing plans that provide guidance for tasks or situations that occur repeatedly within the organization.
• C) Standing plans define company responses to be taken in the case of emergencies, setbacks, or unexpected conditions.
• D) Standing plans are more important than single-use plans in organizations.
• E) Standing plans typically include both programs and projects.

---

Definitions:

Federal Law

Laws passed by the national government of the United States that apply throughout the country.

State Law

State law refers to the legal rules and regulations that are enacted and enforced by individual states within a country, as opposed to federal or national laws.

Bankruptcy Claims

Rights to payment recognized by a bankruptcy court from entities or individuals who have filed for bankruptcy protection.

Individual Debts

Financial obligations or amounts of money that are owed by a single person, as opposed to those owed by a group or company.