Tactical Plans

question 91

Multiple Choice

Tactical plans

• A)are operational plans.
• B)are broad,operational plans on which strategic plans are based.
• C)are specific and short-term compared to strategic plans.
• D)are specific and long-term compared to strategic plans.
• E)are operational plans and are specific and short-term compared to strategic plans.

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Definitions:

Cash

Money in the form of currency, including coins and paper bills, used as a medium for financial transactions.

Future Income

Projected earnings or financial benefits expected to be received in the future.

Statement of Cash Flows

A financial report that provides aggregated data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.

Investors

Individuals or entities that allocate capital with the expectation of receiving financial returns.