In a Financial Planning Model

question 90

Multiple Choice

In a financial planning model:

• A)Inputs are used to create the model
• B)Financial ratios are used to create the model
• C)Financial ratios are used to develop forecasts
• D)Equations are used to develop financial statements

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Definitions:

Profit Centers

Divisions or segments of a company that are responsible for generating their own revenue and profit, with their performance measured based on profitability.

Square Footage

The total area of a space or surface measured in square feet.

Operating Income

The profit generated from a company's core business operations, excluding deductions of interest and taxes.

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organizational performance against strategic goals.