Which of the Following Is Not a Necessary Input When

question 33

Multiple Choice

Which of the following is not a necessary input when developing a pro forma?

• A)the number of years the firm or project will continue to exist
• B)a terminal market value at time T-1
• C)detailed financials from time +1 to T-1
• D)a defined time horizon

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Definitions:

Nationalizing Industries

The process by which a government takes control of private industries and transforms them into state-owned enterprises.

Social Security Act

A U.S. law enacted in 1935 that was designed to provide retirement income and assist the unemployed, as well as provide support for the disabled and families with dependent children.

Unemployment Compensation

A government program that provides financial payments to individuals who have lost their jobs through no fault of their own, as a means to alleviate financial hardship during periods of unemployment.

Francis E. Townsend

An American physician who was a prominent advocate for the elderly, known for proposing the Townsend Plan, a precursor to Social Security.