How does a mission statement differ from a vision statement?

D$)$ A mission statementhis a legal requirement, whereas a vision statement is optional.

A$)$ A mission statement is a detailed financial plan, while a vision statement is not.

B$)$ A mission statement focuses on the company's present purpose and scope, while a vision statement describes the company's aspirations for the future.

C$)$ There is no difference; both terms are used interchangeably.