A Nonfinancial Measure Is Operating Information That Has Not Been

question 44

True/False

A nonfinancial measure is operating information that has not been translated into dollars.

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Definitions:

Planning Horizon

The future time period over which plans are made and predictions are considered for business decisions and strategies.

Plan's Maturity

The specified date at which the final payment for a financial instrument, such as a bond or loan, is due.

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.