What the business will do in rough terms

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Reference no: EM131821514

1. Which of the following is a long-term exercise in which managers try to predict what the business will do in rough terms?

a. Budgeting

b. Operational planning

c. Controlling

d. Strategic planning

2. Mary makes quarterly (end of period) payments of $3000 into a pension fund earning 8% per year compounded quarterly for 5 years. How much will she have in 5 years?

A. $70,399.21

B. $74,349.95

C. $72,892.11

D. $76,031.15

Reference no: EM131821514

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