Financial planning models ________.
A)focus on the budgeted balance sheet
B)focus on the budgeted income statement
C)allow managers to assess the predicted impacts of various alternatives before final decisions are selected
D)allow managers to assess the predicted impacts of the master budget

Question

Quizplus · Accepted Answer

Financial planning models are used to assess the predicted impacts of various alternatives before final decisions are selected. They help managers identify potential risks and opportunities and make informed decisions based on the data provided. While both the budgeted balance sheet and income statement are important components of financial planning, they are not the primary focus of financial planning models.

Financial Planning Models ________