SMART Goals

question 14

Multiple Choice

SMART goals:

• A)identify steps to help you move through your career plan.
• B)are aims that you can achieve quickly and with little or no effort.
• C)help you improve your intelligence and score higher on IQ tests.
• D)are written in general terms so they can easily be changed.
• E)None of the above

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Definitions:

Ordinary Gain

A profit resulting from business operations or the sale of assets, excluding extraordinary items and discontinued operations.

Extraordinary Gain

A gain resulting from events or transactions that are both unusual in nature and infrequent in occurrence, separated from regular business operations.

Fair Market Value

The price at which an asset would sell in the market under conditions where buyers and sellers are acting freely, informed, and without undue pressure.

Book Value

The net value of a company's assets as listed on the balance sheet, calculated as total assets minus intangible assets (like goodwill) and liabilities.