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 helps organizations to assess the financial implications of various strategies and actions. It enables companies to make informed decisions about the allocation of resources, identify potential risks, and evaluate the potential returns on investment. While it can provide estimates of future costs and profits, it is not an exact measurement as economic conditions and other factors can impact outcomes. Insurance needs are not directly related to projected financial analysis.

Projected Financial Analysis Is an Important Strategy-Implementation Technique Because