<span>The statement that formal planning means specific goals are formulated and never reduced to writing but simply communicated is false.
</span><span>In opposite formal planning is type of strategic planning that includes writing of the organization's goals and objectives. The given definition refers to the informal planning. </span>
Answer: Concert tickets sold for next month's performance
Explanation:
Unearned revenue is the payment received by a business for services yet to be rendered or product that has not yet been delivered to the customer. Therefore, the tickets sold for next month performance is a good example of an unearned revenue.
Answer:
The correct answer is letter "A": salaries.
Explanation:
Estimating project costs of businesses allows measuring the profits and costs the organization might have during operations. That budget must include direct costs such as <em>employees' salaries</em>, materials such as supplies and equipment, and indirect costs like administrative expenditures.
Answer: Distortion
Explanation:
Distortion is the term which is basically refers to the change or the exaggeration about the products and the services information in the market by the producers then this perceptual processing is called as the distortion.
The market distortion is usually occur due to the inconsistent in the beliefs of the customers bu altering the given data or any type of information in the ideas, image and the thoughts.
According to the given question, the given perceptual process about the receive information by the customers is known as the distortion. Therefore, Distortion is the correct answer.