Strategic plans are designed to
a. implement operational plans.
b. establish day-by-day procedures.
c. shape the destiny of the firm.
d. carrying out the functions of management.
Answer: c. shape the destiny of the firm.
Business
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DCS Partnership, formed on July 8, Year 1, elected to use a fiscal year ending September 30. DCS is required to file its return by which of the following dates?
A. February 15, Year 2. B. April 15, Year 2. C. December 15, Year 1. D. January 15, Year 2.
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When may companies use the completed-contract method?
What will be an ideal response?
Business