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Which of the Following Is True of the Financial Plan

Question 3

Multiple Choice

Which of the following is true of the financial plan in a reasonably well managed company?


A) The plan should ideally follow the aggressive optimism strategy.
B) The plan should establish measurable goals which result in bonus compensation if achieved.
C) Its stretch goals serve as targets toward which the organization strives and always achieves.
D) Its stretch goal faces a risk of overstating achievable performance because of the bottom-up phenomenon.

Correct Answer:

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