A Financial Plan Is Based on Three Questions

question 2

Multiple Choice

A financial plan is based on three questions. Which of the following is not one of these questions?

• A) What funds will the firm require during the appropriate period of operations?
• B) Where will the firm obtain the necessary funds?
• C) When will the firm need more funds?
• D) How will the firm manage payments on debt?

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Definitions:

Major Premise

A primary statement or proposition upon which an argument is based.

Minor Premise

In a syllogism, the premise that provides a specific instance or example related to the major premise.

Categorical Syllogism

A form of deductive reasoning consisting of three statements: a major premise, a minor premise, and a conclusion, each sharing a common term.

Middle Term

In logic, the term that appears in both premises of a syllogism but not in the conclusion, used to link the major and minor terms.