________ consider proposed fixed-asset outlays, research and development activities, marketing and product development actions, capital structure, and major sources of financing.
A) Short-term financial plans
B) Long-term financial plans
C) Pro forma statements
D) Cash budgeting

Question

Quizplus · Accepted Answer

Long-term financial plans typically consider all of the factors listed, while short-term financial plans focus on short-term cash flow management. Pro forma statements and cash budgeting can be used in both short and long-term planning.

________ Consider Proposed Fixed-Asset Outlays, Research and Development Activities, Marketing