When long-term financial planning efforts set cash as a percentage of sales or as a fixed dollar amount for planning purposes, the projected cash flow statement is said to be a __________ forecasting statement.
A)dynamic
B)passive
C)conservative
D)checking

Question

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The Answer of When long-term financial planning efforts set cash as a percentage of sales or as a fixed dollar amount for planning purposes, the projected cash flow statement is said to be a __________ forecasting statement.
A)dynamic
B)passive
C)conservative
D)checking

When Long-Term Financial Planning Efforts Set Cash as a Percentage