Goal Displacement Is the Tendency to Get So Bogged Down

question 209

True/False

Goal displacement is the tendency to get so bogged down in details that the planning process becomes an end in itself instead of a means to an end.

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Definitions:

Acquisition Differential

The difference between the purchase price of an acquired entity and the fair value of its identifiable net assets.

Goodwill Impairment

The decrease in the value of a company’s goodwill, which occurs when the market value of the entity is less than its recorded value on the balance sheet.

Fair Value Adjustment

An accounting process to adjust the book value of an asset or liability to reflect its current market value.

Equity Method

A method in accounting for logging investments where the investor holds considerable sway over the entity being invested in, yet lacks full control.