Which of the Following Would Probably NOT Be in a Proposed

question 319

Multiple Choice

Which of the following would probably NOT be in a proposed marketing plan?

• A) A list of what company resources (costs) would be required.
• B) A statement of how frequently the design of the website will be changed.
• C) Expected sales and profit results.
• D) A description of the target market and marketing mix.
• E) All of these would normally be part of a marketing plan.

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Definitions:

Presentation Currency

The currency in which the financial statements are presented by the reporting entity.

Translation Difference

The difference resulting from translating the financial statements of a foreign operation into the presentation currency of the reporting entity.

Equity

The residual interest in the assets of an entity after deducting its liabilities, representing ownership interest in a company.

AASB 121

Refers to the Australian Accounting Standards Board's standard on The Effects of Changes in Foreign Exchange Rates, providing guidance on how to report foreign currency transactions and report the effects of changes in exchange rates.