Projected financial analysis is an important strategy-implementation technique because
A) it is an exact measurement of financial costs in the future.
B) it is an exact measurement of future company profits.
C) it allows an organization to examine the expected results of various actions and approaches.
D) insurance needs can be computed.
E) None of the above

Question

Quizplus · Accepted Answer

Projected financial analysis allows an organization to examine the expected results of various actions and approaches. It helps in making informed decisions and setting realistic goals for the organization. While it can provide estimates of costs and profits, it is not an exact measurement as there are many external factors that can impact financial outcomes. Insurance needs may be a factor in financial analysis, but it is not the primary reason for using this technique.

Projected Financial Analysis Is an Important Strategy-Implementation Technique Because