In a business plan, the key statement in the financial plan is the
A) break-even analysis.
B) estimate of returns and allowances.
C) salary expense statement.
D) statement of cash flows.

Question

Quizplus · Accepted Answer

The statement of cash flows is a key statement in the financial plan as it provides a detailed overview of the cash inflows and outflows over a period, helping to assess the liquidity, solvency, and financial viability of the business.

In a Business Plan, the Key Statement in the Financial