Which of the following comes LAST when an organization makes a plan?
A. operational planning
B. mission statement
C. strategic planning
D. tactical planning
E. vision statement
A. operational planning
The correct order of the steps is mission statement & vision statement, strategic planning, tactical planning, and operational planning.
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An advantage of using the periodic inventory system is that it requires less recordkeeping than the perpetual inventory system
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Indicate whether the statement is true or false
Joan is a teacher and wants to participate in a tax-deferred salary reduction pension plan. Which type of plan is most appropriate?
a. Roth IRA b. 403(b) c. 401(k) d. Keogh e. defined benefit