Choose the correct answer about advantages and disadvantages of a trust Select one: a. Advantages: Trusts minimise tax payments and relatively simple to form. Disadvantages: a trust should be administered by a suitable qualified accountant b. Disadvantages: Trusts pay tax on income earned. Advantages: Trust are characterised by limited liability c. Advantages: Trusts minimise tax payments and easy to manage. Disadvantages: Trust are characterised by limited liability d. Disadvantages: Trusts are subject to little government regulation. Advantages: Trust are characterised by unlimited liability

Which of the following statement not true regarding strategic planning?

Select one:

a.

Business takeover is one of the example of strategic planning

b.

Strategic planning normally done by the senior management

c.

Budgeting help business to achieve strategic planning.

d.

Strategic planning concern short term planning.

All of the following are key categories of the Balance Score Card, except:

Select one:

a.

Environmental

b.

Customer

c.

Financial

d.

Internal Business Processes