In general, planning has many benefits. However, planning also has two cautions of which one must be aware. Discuss these.
What will be an ideal response?
Planning requires time, including that to involve others (subordinates, peers, staff, competitors, markets, etc.).
Also, some decisions have to be made without a lot of time. While you shouldn't shoot from the hip in making decisions, often you may have to "go with what you've got" and make a decision based on a plan that is perhaps only three-quarters complete. Sometimes the need to make a decision quickly outweighs the benefit of having more complete information.
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Who is responsible for building the classes which contain information and procedures and inputting the actual information?
A. System users B. Unique visitors C. System developers D. Intermediaries
Which one of the following is not an accurate description of the Allowance for Doubtful Accounts?
A. The account is increased by an estimate of uncollectible accounts expense. B. The account is a contra account. C. The account is a temporary account. D. The amount of the Allowance for Doubtful Accounts decreases the net realizable value of a company's receivables.
Assume that liquid funds can be invested to yield 4.5 percent. If annual remittance checks total $2
billion, what is it worth for the firm to reduce float by 1 day? A) $24,658 B) $246,575 C) $257,534 D) $388,349
The courts may sometimes allow a wrongdoer to enforce a contract against an innocent party
Indicate whether the statement is true or false