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Which of the following is NOT an element of the staff management plan?
Financial Forecast
A prediction of future revenues, expenses, and profits of a company, used for budgeting and strategic planning.
Fixed Assets
Assets that are purchased for long-term use and are not likely to be converted quickly into cash, such as buildings, land, and machinery.
Pro Forma Financial Statements
Financial statements that project the financial position of a company, based on certain assumptions and typically used for future planning.
Sales Forecast
A sales forecast is the process of estimating future sales. Accurate sales forecasts enable companies to make informed business decisions and predict short-term and long-term performance.
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