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39,40,41,42 Question 39 Not yet answered Marked out of 1.00 p Flag question Which type of business plan is created by Top level management? a.

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Question 39 Not yet answered Marked out of 1.00 p Flag question Which type of business plan is created by Top level management? a. Strategic Plan O b. Tactical Plan O c. Operational Plan O d. Short term plan Question 40 Not yet answered Marked out of 1.00 P Flag question A budget which is designed to remain unchanged irrespective of the volume of output or turnover achieved, is known as O a. Production Budget O b. Flexible budget . Fixed Budget O d. Master Budget a Question 41 Not yet answered Marked out of 1.00 P Flag question Which of the following is true regarding 'Mission Statement? O a. It provides specific strategies for front-line managers. O b. It provides deadlines for when things will be done O c. It is special and personal O d. It is time bounded Question 42 Not yet answered Marked out of 1,00 P Flag question Current Ratio signifies: O a. Liquidity position O b. Capacity to repay long term loans O c. Profitability O d. Long-term solvency

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