Which of the Following Is NOT a Basic Policy Element

question 197

Multiple Choice

Which of the following is NOT a basic policy element of financial planning?

• A) The firm's needed investment in new fixed assets.
• B) The degree of financial leverage a firm chooses to employ.
• C) The amount of cash the firm thinks is necessary and appropriate to pay shareholders.
• D) The level of sales growth the market will provide in future years.
• E) The amount of liquidity and working capital the firm needs on an ongoing basis.

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Definitions:

Communalist Orientation

A focus on the community and the collective over the individual, emphasizing shared values and responsibilities.

Cognitive Problems

Difficulties in processing information, including perception, memory, and reasoning, that can affect learning and day-to-day functioning.

Psychodynamic Therapy

A therapeutic approach that explores the psychological forces underlying human behavior, feelings, and emotions, and how they might relate to early childhood experiences.

Cognitive Behavioral Therapy

A form of psychotherapy that aims to change patterns of thinking or behavior that are behind people's difficulties.