A financial plan is from one year to five years; anything longer is a long-term forecast.

Name: A financial plan is from one year to five years; anything longer is a long-term forecast.
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Quizplus · Accepted Answer

A financial plan can cover various time frames, typically short-term (1 year), medium-term (1-5 years), and long-term (5+ years). The distinction between a financial plan and a long-term forecast is not strictly based on the duration but rather on the level of detail and the specific objectives of the plan or forecast.

A Financial Plan Is from One Year to Five Years;