The Main Objective of Long-Term Financial Planning Models Is To

question 70

Multiple Choice

The main objective of long-term financial planning models is to:

• A) determine the asset requirements given the investment activities of the firm.
• B) plan for contingencies or uncertain events.
• C) determine the external financing needs.
• D) All of these.
• E) None of these.

---

Definitions:

Validity

The extent to which a concept, conclusion, or measurement is well-founded and corresponds accurately to the real world.

Whiten Names

The practice of altering one's name on job applications or professional documents to appear more ethnically neutral or to fit perceived cultural norms, often to avoid discrimination.

Multiple Cutoff Model

A selection-decision model that requires an applicant to achieve some minimum level of proficiency on all selection dimensions.

Minimum Score

A predetermined lowest acceptable performance, achievement, or quality level.