Sound Tactical Decision Making

question 69

Multiple Choice

Sound tactical decision making

• A)only concerns the short run.
• B)consists of large scale actions that serve a broad purpose.
• C)consists of supporting the strategic objectives of the firm.
• D)only concerns the long run.

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Definitions:

Indirect Method

A cash flow statement approach that adjusts net income for the changes in balance sheet accounts to calculate the cash from operating activities.

Cash Flows

Cash Flows refer to the inflows and outflows of cash and cash equivalents, indicating a company's ability to generate funds to support its operations and finance its investments.

Direct Method

A way of reporting cash flows from operating activities by listing major categories of gross cash receipts and payments.

Biological Control

The use of living organisms to control pests, diseases, or invasive species in a natural and environmentally friendly manner.