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Select the incorrect statement about the planning process. The longer the time period, the more...

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Accounting

Select the incorrect statement about the planning process.

The longer the time period, the more specific the plans.

Planning decisions can often be sub-divided into three distinct planning phases, short-term, intermediate-term, and long-term.

The nature of planning changes with the length of the time period being considered.

The shorter the time period, the less general the plans.

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