All of the Following Are Guidelines for Effective Strategic Planning

question 57

Multiple Choice

All of the following are guidelines for effective strategic planning EXCEPT

• A) it should be simple and nonroutine.
• B) it should be a learning process for all managers and employees.
• C) it should be a paper process more than a people process.
• D) it should not disregard qualitative information.
• E) it should not be a formal system for control.

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Definitions:

Cash (Net) Realizable Value

Cash (net) realizable value is the estimated amount of cash that a company expects to collect from its receivables, net of any allowances for doubtful accounts.

Interest Receivable

The amount of interest that has been earned but not yet received in cash by the company, representing an asset on the balance sheet.

Maturity Value

The amount payable to an investor at a security's maturity date, including principal and any remaining interest.

Cash Debited

An accounting entry that increases the cash balance in a company's ledger.