The Outputs of a fiNancial Planning Model Are Called

question 192

Multiple Choice

The outputs of a financial planning model are called:

• A) Aggregated statements.
• B) Planning horizon statements.
• C) Projected statements of position.
• D) Working capital statements of position.
• E) Pro forma statements.

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Definitions:

Probability

An evaluation of the possibility of an event occurring, expressed using a scale from 0 to 1.

Cumulative Profit

The total profit earned over a specific period, calculated by sequentially adding all profit amounts from the start to the end of the period.

Probability

measures the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 means the event cannot happen and 1 means it is certain to happen.

Cumulative Net Profit

The total amount of profit after all expenses have been deducted, accumulated over a period of time.