One Difference Between a Company's Long-Range Planning Efforts and Its

Multiple Choice

One difference between a company's long-range planning efforts and its annual budget preparation is

A) long-range planning documents usually contain more detail than annual budgets.
B) annual budgets usually contain more detail than the long-range planning process.
C) long-range planning documents focus on the company's internal environment more than annual budgets.
D) annual budgets focus on the external environment more than the long-range planning process.