Profit planning's main focus is on the firm's cash receipts and disbursements throughout the year.

Name: Profit planning's main focus is on the firm's cash receipts and disbursements throughout the year.
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Question

Quizplus · Accepted Answer

Profit planning is mainly focused on forecasting and planning for the firm's future profits and expenses. While cash receipts and disbursements are important factors, they are not the main focus of profit planning.

Profit Planning's Main Focus Is on the Firm's Cash Receipts