Choose the Most Complete Definition of the "Best" fiNancial Plan

question 218

Multiple Choice

Choose the most complete definition of the "best" financial plan for a firm.

• A) The plan that results in the lowest level of external financing needed.
• B) The plan that incorporates the firm's long range policies while maintaining sales growth at or below the sustainable growth rate.
• C) The plan which addresses the firm's long range policies and whose focus is to increase shareholder wealth.
• D) The plan that results in the largest sales growth each year while maintaining external financing needed at or near zero.
• E) The plan that is the simplest to use yet is complex enough to cover every possible state of nature that might occur.

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Definitions:

March on Washington

A historic civil rights rally in 1963 at which Dr. Martin Luther King Jr. delivered his famous "I Have a Dream" speech, advocating for racial equality and justice.

Fidel Castro's Revolution

A socio-political uprising led by Fidel Castro that overthrew the Cuban government in 1959, establishing a communist state.

Latin America

A region that includes Mexico, Central America, South America, and the Caribbean, known for its diverse cultures, languages, and historical influences.

Job Corps

A program initiated by the U.S. government to offer free education and vocational training to young people primarily from low-income backgrounds.