In a Business Plan,the Key Statement in the Financial Plan

question 47

Multiple Choice

In a business plan,the key statement in the financial plan is the

• A)break-even analysis.
• B)estimate of returns and allowances.
• C)salary expense statement.
• D)cash flow statement.

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Definitions:

Rationalization

Rationalization is a defense mechanism where individuals justify their actions or beliefs in a logical manner to avoid facing the true underlying motivations or feelings.

Stock Market

A public market for buying and selling company stocks and shares, which are ownership certificates of businesses.

Defence Mechanism

Psychological strategies unconsciously used to protect oneself from anxiety and unacceptable thoughts and feelings.

Regression

A defense mechanism leading an individual to revert to a previous phase of psychological development, often under stress or frustration.