Which of the Following Statements Is TRUE of Tactical Plans

question 57

Multiple Choice

Which of the following statements is TRUE of tactical plans?

• A) Tactical plans vary by company and business function.
• B) These plans refer to the strategic plans of organizations.
• C) Tactical plans are prepared for long-term purposes.
• D) Tactical plans cover all functions in an organization.
• E) Operational issues are not covered under tactical plans.

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Definitions:

Factory Machines

Durable, industrial equipment used in the manufacturing process, critical to producing goods and services.

Paper Cupcake Liners

Disposable paper molds used to line the cups of muffin tins to prevent cupcakes from sticking to the pan.

Managerial Accounting Reports

Managerial accounting reports are internal financial reports that are tailored to the specific informational needs of a company's management, providing detailed insights on operational performance, costs, budgeting, and decision-making analyses.

GAAP

Generally Accepted Accounting Principles, which are a set of rules and standards used in financial reporting.