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Which of the following statements about long-range plans is FALSE? Long-range plans guide day-to-day operations. Long-range plans provide forecasted financial statements for five to ten
Which of the following statements about long-range plans is FALSE?
| Long-range plans guide day-to-day operations. | |
| Long-range plans provide forecasted financial statements for five to ten year periods. | |
| Companies coordinate long-range plans with capital budgets. | |
| A decision made during long-range planning is the acquisition of a plant building. |
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