Which of the Following About Business Plans and Business Cases

question 40

Multiple Choice

Which of the following about business plans and business cases is not correct?

• A)The content of a business case is similar to that of a business plan.
• B)One difference is that the business plan concentrates on the viability of a company,whereas a business case assesses both the viability of the project and the fit of the initiative with the firm's mission and goals.
• C)The audiences are the same-senior management and the board or directors.
• D)The purposes are the same-to justify a specific investment of funds.

Recognize how to share and collaborate on Word documents effectively.

Identify how to modify a document's visual layout by altering views, color schemes, and themes.

Know how to work with templates, placeholders, and content controls.

Familiarize with creating and using building blocks and Quick Parts for efficient document creation.

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Definitions:

Outstanding Balance

The amount of money owed on a loan or credit account that has not yet been paid.

Amortized

The process of paying off a debt through regular payments, where each payment covers both interest and a portion of the principal amount.

Compounded Annually

Interest on an investment is calculated once a year, with the interest added to the principal.

Equal Payments

Equal payments refer to the financial concept where the amount of money paid in each installment of a loan or investment is the same throughout the term.