A(n) _____ is a document that specifies the funds a firm will need for a period of time, the timing of inflows and outflows, and the most appropriate sources and uses of funds.
A) asset management plan
B) leverage plan
C) strategic plan
D) financial plan

Question

Quizplus · Accepted Answer

A financial plan is a document that outlines a company's projected financial performance and specifies the funds that a firm will need for a period of time, the timing of inflows and outflows, and the most appropriate sources and uses of funds. It helps the company to plan and prepare for future financial needs and to make informed financial decisions.

A(n) _____ Is a Document That Specifies the Funds a Firm