_____ Means That Planning Is an Ongoing Process in Which

question 32

Multiple Choice

_____ means that planning is an ongoing process in which managers build and refine previous plans and continually modify plans at all levels; corporate,business,and functional,so that they fit together into one broad framework.

• A) Continuity
• B) Flexibility
• C) Accuracy
• D) Unity
• E) Synergy

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Definitions:

Purchase Price

The amount paid to acquire an asset, including all costs directly attributable to bringing the asset to its intended use.

U.S.GAAP

The Generally Accepted Accounting Principles in the United States, a standard framework of guidelines for financial accounting.

Research And Development

The systematic work undertaken by a company to increase the knowledge for developing new products or processes.

Internally Generated Intangibles

Non-physical assets, such as patents, trademarks, and copyrights, that are created within a company rather than acquired.