Planning is a function that involves
A) hiring the right people for a particular job.
B) coordinating the accounting information system.
C) setting goals and objectives for an entity.
D) analyzing financial statements.

Question

Quizplus · Accepted Answer

Planning involves setting goals and objectives for an entity, which involves determining what needs to be achieved, why it needs to be achieved, and how it will be achieved. Hiring the right people (A), coordinating accounting information system (B), and analyzing financial statements (D) are not specifically parts of planning, although they may be related to other functions within a business.

Planning Is a Function That Involves