The main objective of long-term financial planning models is to:
A: determine the asset requirements given the investment activities of the firm.
B: plan for contingencies or uncertain events.
C: determine the external financing needs.
D: All of the above.
E: None of the above.
A: determine the asset requirements given the investment activities of the firm.
B: plan for contingencies or uncertain events.
C: determine the external financing needs.
D: All of the above.
E: None of the above.
举一反三
- One key reason a long-term financial plan is developed is because: A: the plan determines your financial policy. B: the plan determines your investment policy. C: there are direct connections between achievable corporate growth and the financial policy. D: there is unlimited growth possible in a well-developed financial plan. E: None of the above.
- The main content of the financial feasibility analysis includes () A: requirements of start-up capital B: profit forecast C: expected rate of return on investment D: all of the above
- Financial lease is sometimes called capital lease and is usually( ). A: all of the above B: intermediate term C: short term D: long term
- __________increase and decrease long-term liabilities and equity, including borrowing money and paying off loans. A: A. Investing activities B: B. Operating activities C: C. Financing activities D: D. None of the above
- Karen, CFA, is the investment manager of a corporate pension plan. Under ERISA, she owes her fiduciary duty to: () A: The plan sponsor. B: The firm’s shareholders. C: The plan participants and beneficiaries. D: None of the above.