The Link Between Planning and Controlling Begins with _____

question 93

Multiple Choice

The link between planning and controlling begins with _____.

• A) anticipating problems and opportunities
• B) setting objectives and standards
• C) analyzing the alternatives
• D) evaluating and monitoring the results
• E) understanding the internal and external organizational threats

---

Definitions:

Bond Proceeds

The funds received by an issuer from the sale of bonds, typically used for financing long-term investments.

Special Assessment

A charge levied by local governments on property owners for improvements that benefit their properties, such as sidewalks or sewers.

Government-Wide Financial Statements

Comprehensive financial reports that provide an overview of a government's net position and financial activities, differentiating between governmental and business-type activities.

Intra-Activity Transactions

Transactions that occur between divisions within the same company, affecting only internal accounts without impacting the company's financial position to external parties.