Which of the following is NOT a key element in strategic planning as it is described in the text?
A)the mission statement
B)the statement of the corporation's scope
C)the statement of cash flows
D)the statement of corporate objectives

Question

Quizplus · Accepted Answer

The statement of cash flows is a financial statement that shows how cash flows into and out of the company. While this statement is important for measuring financial performance, it is not a key element in strategic planning, which focuses on defining the organization's purpose, goals, and direction for the future. The other choices (A, B, and D) are all key elements in strategic planning, as they help to define the organization's mission, scope, and objectives.

Which of the Following Is NOT a Key Element in Strategic