Which of the following financial documents would you to use to create a financial plan?

Question

Quizplus · Accepted Answer

To create a comprehensive financial plan, all of the listed financial documents are necessary:
- A balance sheet gives an overview of the organization's assets, liabilities, and equity.
- An income statement shows the organization's revenue and expenses over a given period.
- A budget outlines projected revenue and expenses for a specific period.
- A cash budget tracks the organization's incoming and outgoing cash flow.

Which of the Following Financial Documents Would You to Use