The steps in the planning process of an organization include:
- A. Formulating strategies to achieve the goals.
- B. Determining the organization's mission and goals.
- D. Selecting the most effective way to implement the organizational strategy.
<h3>What is planning?</h3>
Planning is a management function that ensures the achievement of organizational efficiency and effectiveness.
Planning usually takes place at three levels of the organization, including:
- Functional
- Business
- Corporate levels.
Thus, the steps in the planning process of an organization include Options A, B, and D.
Learn more about the planning function at brainly.com/question/3504046
#SPJ12
The journal entries are shown below:
On December 31
Bad debt expense Dr $130,000 ($650,000 × 0.20%)
To Allowance for doubtful debts $130,000
(Being the bad debt expense is recorded)
On Feb 01
Allowance for doubtful debts Dr $325
To Account receivable $325
(Being the written off amount is recorded)
On June 5
Account receivable $325
To Allowance for doubtful debts Dr $325
(Being the written off amount is recorded)
On June 5
Cash Dr $325
To Account receivable $325
(Being the cash received is recorded)
