Stock Prices Are

question 23

Multiple Choice

Stock prices are:

• A) set by the company issuing the stock.
• B) set by the central bank.
• C) determined by market transactions.
• D) unrelated to the value of the company issuing the stock.

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Definitions:

Budget Period

The specific time period for which a budget is prepared and used to forecast income and expenditure.

Financial Plan

A projection of a company’s financial statements into the future based on a series of assumptions about what the business and the environment will do. Part of a business plan.

Strategic Plan

A long-term business plan addressing broad issues of what a company’s management wants it to become and how it is to do business.

Business Plans

Detailed documents that outline the goals of a business, the strategy for achieving those goals, and the expected financial performance.