Multiple Choice
Which of the following statements about long-range plans is FALSE?
A) Long-range plans provide forecasted financial statements for five to ten year periods.
B) Long-range plans guide day-to-day operations.
C) Companies coordinate long-range plans with capital budgets.
D) A decision made during long-range planning is the acquisition of a plant building.
Correct Answer:
Verified
Correct Answer:
Verified
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