Which of the Following Are Benefits of Compiling a Short-Term

question 107

Multiple Choice

Which of the following are benefits of compiling a short-term financial plan?
I.Knowing ahead of time when your firm will probably require external financing.
II.Being able to estimate how long of a time period your firm might need a loan.
III.Being able to determine when your firm can best afford to spend funds on a capital expenditure.
IV.Knowing when your firm should have excess funds that can be invested.

• A)I and III only
• B)I, II and IV only
• C)II, III and IV only
• D)I, II and III only
• E)I, II, III and IV

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Definitions:

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