________ Is a Process Involving Setting Objectives,making Forecasts,reviewing Alternative Courses

question 28

Multiple Choice

________ is a process involving setting objectives,making forecasts,reviewing alternative courses of action,evaluating options and implementing the plan.

• A) Managerial planning
• B) Financial auditing
• C) Employee testing
• D) Employee benchmarking

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Definitions:

Return on Assets

An indicator of how profitable a company is relative to its total assets, measuring the efficiency in using assets to generate earnings.

Net Income

The total earnings of a company after all expenses and taxes have been deducted from revenue, indicating the company's profitability.

Average Total Assets

The average value of all assets owned by a company over a specific period, useful in assessing company productivity and investment returns.

Net Sales

The total revenue from goods sold or services provided by a company, after deducting returns, allowances for damaged or missing goods, and discounts.