Question

Elmer runs a weight reduction clinic. Which of the following actions would be an example of planning at Elmer's Weight Reduction Clinic?

Multiple Choice

• Elmer's consideration of what kinds of exercise equipment to purchase for the new clinic.

• Elmer catching an employee smuggling an extra piece of cake to one of the clinic's patients.

• For internal uses, managers are concerned with receiving information that is:

  Multiple Choice

• relevant, completely accurate, and precise.

• completely objective and verifiable.

• relevant, flexible, and immediately available.

• completely accurate and precise.

• Elmer preparing the year-end financial statements.

• Elmer's accounting department preparing the clinic's tax return.

Answer 1

Ans:

1.

Business Planning is a stage where we decide on how should we procede further on taking a business decision.

So planning decision for Elmer's running a clinic is what kinds of exercise equipment to purchase for the new clinic.

So correct answer is option A.

2.

Internal users are the management of the business organisation which considers of Directors, partners, or Key manegerial persons. The information required by internal users should be relevant, Completely accurate and precise.

So For internal uses, managers are concerned with receiving information that is relevant, Completely accurate and precise.

So correct answer is option A.

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