A Model of What Management Expects a Business to Become

question 99

Multiple Choice

A model of what management expects a business to become in the future expressed in words and financial projections is a:

• A)cost ratio.
• B)cash budget.
• C)business plan.
• D)stretch plan.

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Definitions:

Cadillac

A luxury vehicle brand produced by General Motors, known for its high level of craftsmanship and advanced features.

Recover

The process of gaining back or securing compensation or restitution for a loss, harm, or debt.

Lost Property

Items that are misplaced or forgotten by the owner without intention to abandon ownership.

Mislaid

Refers to property that is intentionally placed somewhere but then forgotten, implying it can be recovered by the owner.