Which of the Following Statements Is Not True of Short-Term

question 72

Multiple Choice

Which of the following statements is not true of short-term financial planning?

• A) The plan should consider possible shortfalls in sales or a delay in collections.
• B) The plan seeks to ensure that the company will be able to meet its cash needs.
• C) The planning period is typically five years.
• D) The plan needs to be based on the best forecasts available.