Examlex
Historical cash flow may be adjusted by deducting unusually large increases in reserves or by adding back large decreases in reserves from free cash flow to the firm.
Directing
The process of guiding and overseeing the activities of an organization or team to achieve its objectives.
Unrealistic Budget
A budget plan that is not achievable or practical given the current constraints and resources.
Top Down Fashion
An approach or process that begins from the highest level of a hierarchy or system moving towards the lower levels.
Long-Range Planning
The process of setting long-term goals and strategies, often extending five or more years into the future.
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