A Standard for Performance Is Included in an Organization's Overall

question 34

True/False

A standard for performance is included in an organization's overall strategic plan to compare organizational activities against.

---

Definitions:

Current Assets

Resources anticipated to be transformed into cash, disposed of, or utilized within a year or during the normal operating cycle of a company.

Financial Leverage

The use of borrowed funds to increase potential return on investment.

Operating Cash Flows

The cash generated from the normal operations of a business, including the production and sale of goods or services.

Marketability

The ease with which an asset can be bought or sold in the market without affecting its price.