What Activity Is Defined as Having Alternative Plans That Can

question 85

Multiple Choice

What activity is defined as having alternative plans that can be put into effect if certain key events do not occur as expected?

• A) Corporate agility
• B) Scenario planning
• C) Strategy evaluation
• D) Contingency planning
• E) Forecasting

Conduct intracompany, intercompany, and industry comparisons of financial data to evaluate company performance.

Apply vertical analysis to interpret the relative size of financial statement items.

Understand the concept and calculation of liquidity ratios including the current ratio.

Calculate and interpret the average collection period and receivables turnover ratio.