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)cash flow statement.

Question

Quizplus · Accepted Answer

The cash flow statement is the key statement in the financial plan because it details the inflows and outflows of cash for the business, highlighting potential cash shortages or surpluses. This statement includes information about operating activities, investing activities, and financing activities, providing a comprehensive picture of the business's financial health. The other options listed may also be important components of a financial plan, but they are not the key statement.

In a Business Plan,the Key Statement in the Financial Plan