An aspect of short-term financial planning is forecasting operating cash flow and ultimately the profitability of the company in the coming period.This type of financial planning typically uses forecasted ________.
A)earnings
B)income statements
C)working capital statements
D)all of these

Question

Quizplus · Accepted Answer

Short-term financial planning often uses forecasted income statements to estimate operating cash flow and profitability, as they provide detailed projections of revenues, expenses, and net income.

An Aspect of Short-Term Financial Planning Is Forecasting Operating Cash