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The Planning Process Identifies Objectives and Determines the Actions That

question 163

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The planning process identifies objectives and determines the actions that are needed to attain those objectives.


Definitions:

Certificate

An official document attesting to a certain fact, such as the completion of an educational course or the ownership of a financial security.

Net Profits

The sum left over once all costs, taxes, and expenses have been deducted from the total income.

Partnership Status

The legal standing of a business entity comprising two or more individuals who share management and profits.

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