Operational Plans Include ________ Directions for the Specific Activities to Be

question 20

Multiple Choice

Operational plans include ________ directions for the specific activities to be carried out,who will be ________ for them,and ________ for accomplishing the tasks.

• A)tactical; implementing; targets
• B)strategic; implementing; targets
• C)broad; accountable; budgets
• D)elaborate; responsible; budgets
• E)detailed; responsible; timelines

---

Definitions:

Return On Plan Assets

A measure of the earnings generated from the investments within a pension fund, indicating the efficiency and performance of the asset management.

Pension Expense

The cost recognized in an employer's financial statements for the benefits provided to employees during a period.

Defined Contribution

A type of retirement plan where the amount invested is defined, but the future benefits are not guaranteed and depend on investment performance.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB).