Question: 1. Operational plans are generally set for: Between three and five years One year at a time A few months at a time None of

1. Operational plans are generally set for:

  1. Between three and five years
  2. One year at a time
  3. A few months at a time
  4. None of the above

2. When implementing the operating plan is used to

  1. Set standards
  2. Form schedules
  3. Secure resources
  4. Report progress
  5. All of the above

3. In the operational plan, the budget is used to:

  1. Keep track of revenue vs expenditure
  2. Direct activities and assist decision making
  3. Use financial resources efficiently
  4. All of the above

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