Which of the Following Is True of the Financial Plan

question 3

Multiple Choice

Which of the following is true of the financial plan in a reasonably well managed company?

• A)The plan should ideally follow the aggressive optimism strategy.
• B)The plan should establish measurable goals which result in bonus compensation if achieved.
• C)Its stretch goals serve as targets toward which the organization strives and always achieves.
• D)Its stretch goal faces a risk of overstating achievable performance because of the bottom-up phenomenon.

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Definitions:

Nausea

A feeling of discomfort in the stomach often accompanied by an urge to vomit, which can have various causes, including illness and treatment side effects.

Vomiting

the forceful expulsion of the contents of the stomach through the mouth, often as a result of illness or intoxication.

Chronic Glomerular Nephritis

A long-term inflammation of the tiny filters in the kidneys (glomeruli), which can lead to kidney failure.

Urinary Output

Urinary output refers to the amount of urine produced and excreted by the body, an important indicator of kidney function and hydration status.