ECONOMICS

COST ACCOUNTING

THE MASTER BUDGET

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Short-term goals ____
A
take 3-12 months to reach
B
less than 5 year to reach
C
more than 3 years to reach
D
1-3 years to reach
Explanation: 

Detailed explanation-1: -A short-term goal is something you want to do in the near future. The near future can mean today, this week, this month, or even this year. A short-term goal is something you want to accomplish soon. A short term goal is a goal you can achieve in 12 months or less.

Detailed explanation-2: -Before building out your goals, it is important to understand the difference between long-term and short-term goals. Typically, short-term goals are defined as accomplishments that take 3 months to a few years. Long-term goals are usually completed in 3 to 5 years, or longer.

Detailed explanation-3: -Here are some examples of short term goals: Improving time management to become more productive at work. Becoming more organized in your work routine. Delivering projects on time to improve work efficiency and ensure customer satisfaction.

There is 1 question to complete.