Which of the Following Is the Systematic Methodology for Charting

question 57

Multiple Choice

Which of the following is the systematic methodology for charting the 'big issue' future of an organisation?

• A) Strategic planning
• B) Vision
• C) Strategy
• D) Action plan
• E) Mission

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Definitions:

Depreciation

The systematic reduction in the recorded cost of a fixed asset to allocate its expense over its useful life.

Total Expenses

Total Expenses refer to the aggregate amount of all operational, administrative, and financial costs incurred by a business during a specific period.

Total Assets

The sum of all resources owned by a company, valued at cost or market value, which include both current and non-current assets.

Electric Bill

A monthly statement charging for the consumption of electrical power provided by a utility company.