Planning Involves Two Important Elements: ________

question 78

Multiple Choice

Planning involves two important elements: ________.

• A) plans and decisions
• B) goals and actions
• C) goals and plans
• D) goals and decisions

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Definitions:

Net Cash Flow

The difference between a company's cash inflows and outflows over a specific period of time.

Interest Payment

Interest Payment refers to the regular payment that a borrower makes to a lender for the use of borrowed money, typically part of the debt's service payments.

Cash Balance

The amount of cash a company has available at any given time, including currency, coins, and balances in checking and savings accounts.

Interest Payment

The amount paid by a borrower to a lender as compensation for the use of borrowed money.