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Author Question: Which of the following statements is correct? (Read 86 times)

nanna

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on: Aug 7, 2023
Which of the following statements is correct?

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The mission statement states specific goals to guide management. Most organizations only have quantitative goals.


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The operating plans can be developed for any time horizon, but many companies use a 5-year horizon. A 5-year plan is detailed for the first year, with each succeeding year’s plan becoming less specific.


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The statement of corporate objectives shows broad approaches rather than detailed plans. Any such statement must be compatible with the firm’s purpose, scope, and objectives.


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A firm’s corporate scope states the general philosophy of the business, but it does not provide managers with operational objectives.

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by nanna on Aug 7, 2023

brunoanthony

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nanna

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Reply 2 on: Aug 7, 2023
Thanks for the timely response, appreciate it

billybob123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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