What Are the Three P's

question 2

Multiple Choice

What are the Three P's?

• A)pulping, planting, producing
• B)planning, partnerships, permission
• C)permits, packaging, pollution
• D)people, planet, profit

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Definitions:

Financing Activities

Transactions and business events that affect long-term liabilities and equity of a company, included in the cash flow statement section.

Capital Expenditures Budget

A budget allocation for the planned spending on long-term assets, such as buildings, machinery, and equipment, intending to enhance the capacity or efficiency of the business.

Top-Down Managerial Approach

This approach in management involves decision-making and directive processes originating from the upper echelons of the organization hierarchy and flowing downward.

Budget Preparation

The process of estimating future financial performance and resource requirements, forming the basis of a financial plan.