An acquisition plan defines the objectives to be achieved by acquiring another firm, management's preferences as to how the acquisition process should be managed, resources required, and the roles and responsibilities of those responsible for implementing the plan.

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Quizplus · Accepted Answer

This statement is true. An acquisition plan does indeed define the objectives to be achieved, management's preferences for the process, required resources, and roles and responsibilities of those involved.

An Acquisition Plan Defines the Objectives to Be Achieved by Acquiring