Tactical plans:

A$.$ are operational plans.

B$.$ are broad, operational plans on which strategic plans are based.

C$.$ are specific and short$-$term compared to strategic plans.

D$.$ all of the above.

E$.$ two of A$,$ B$,$ and C$.$

Tactical plans:

A$.$ are fairly broad compared to strategic plans.

B$.$ spell out in detail how objectives will be reached.

C$.$ are broad guidelines to assist in handling recurring problems.

D$.$ are less specific than strategic plans.

E$.$ two of the above.

A strategic plan:

A$.$ will be prepared when the tactical plan is finalized.

B$.$ describes how the firm's goals will be met.

C$.$ contains sales forecasts and budgets.

D$.$ all of the above.

E$.$ two of $A,B,$ and $C.$

An itemized projection of revenues and expenses for a future time period is a:

A$.$ sales forecast.

B$.$ budget.$|$

C$.$ marketing plan.

D$.$ strategic plan.

E$.$ none of the above.

Policies:

A$.$ prescribe how certain activities will be carried out.

B$.$ are broad guidelines used to assist lower$-$level managers to handle recurring problems.

C$.$ ensure that all budgets will be prepared using the same format.

D$.$ all of the above.

E$.$ two of A$,$ B$,$ and C$.$