Choose the Word or Phrase in [ ] Which Will

question 132

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The most difficult approach to handling a budget deficit is to [increase income | liquidate investments].

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Definitions:

Strategic Planning

The process of defining a direction for a company or organization by setting goals, devising strategies, and outlining resource allocation.

Operational Planning

The method of outlining strategic aims and targets to more immediate goals and targets, detailing significant milestones, criteria for success, and clarifying how or which part of a strategic plan will be implemented within a specific time frame of operations.

Financial Detail

Pertains to the specific, often numerical, information related to the financial aspects of a business or transaction, including revenues, costs, investments, and profitability metrics.

Outside Investors

Individuals or institutions that are not part of a company's operational management but invest capital into the business.