OC Management Company (OCMC) has built or acquired several high-quality apartment buildings in Orange County. OCMC operates apartment complexes and earns revenues by renting out the apartments in those complexes. OCMC assigns an agent/manager (employee) to each complex (one manager can manage several complexes) to handle day-to-day operations, such as maintaining the property, advertising, and signing rental contracts. This case describes the processes.

Which of the following statements is true about financial planning

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year