Q148
The vision and mission statement can often be found
A.
in the SEC report
B.
in annual reports
AnswerC.
on customer receipts
D.
on supplier invoices
Answer: Option B
Solution
Answer: Option B
Solution:
The vision and mission statement can often be found in annual reports. A Mission Statement defines the company's business, its objectives and its approach to reach those objectives. A Vision Statement describes the desired future position of the company. Elements of Mission and Vision Statements are often combined to provide a statement of the company's purposes, goals and values.