The Implications of the Forecasts from a Financial Plan Are

question 73

Multiple Choice

The implications of the forecasts from a financial plan are determined by the:

• A) plan inputs.
• B) balancing item.
• C) planning model.
• D) plowback ratio.

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Definitions:

Activity Variance

The difference between the budgeted cost and actual cost attributed to changes in the level of activity.

Net Operating Income

Income generated from a company's everyday business operations, excluding deductions for interest and taxes.

Tenant-Days

A metric used in real estate management, calculated by multiplying the number of tenants by the number of days occupied.

Net Operating Income

Profit generated from a company’s everyday operations, calculated by subtracting operating expenses from gross profit.