The Ideal Part of a Manager's Long-Term Strategic Plan Is

question 62

Multiple Choice

The ideal part of a manager's long-term strategic plan is to have revenues exceed:

• A)total costs.
• B)direct costs.
• C)variable costs.
• D)indirect costs.
• E)preliminary costs.

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Definitions:

Compounded Quarterly

Interest on an investment is calculated and added to the principal sum every three months.

Total Amount

The complete sum or quantity of money or measure when everything is added together.

Payments

Transactions made by a borrower to a lender to repay a loan or to a seller for goods or services.

Compounded Monthly

Describes the frequency at which interest is calculated and added to the principal balance of an investment or loan each month.