Which of the following statements is NOT true about financial planning models?
A) Financial statements serve as the first major input and become the baseline to compare the projected financial statements.
B) Economic forecasts and their impact on the firm's sales are also included in financial planning models.
C) Investment and financing decisions are not considered as inputs in financial planning models.
D) Changes in a firm's balance sheet and income statement items as a result of the growth in sales are also used in these models.
Correct Answer:
Verified
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A) major
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Q41: A financial plan includes
A) the strategic plan,
Q42: The financial planning model focuses on
A) the
Q43: The sales forecasts used in financial planning
Q45: Which of the following statements is NOT
Q46: Which of the following is true of
Q47: A firm paid out $163,961.60 as dividends
Q48: The financing plan of a firm will
Q49: Which of the following is a part
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