Predicting a Firm's Future Financial Needs Includes All of the Following

question 3

Multiple Choice

Predicting a firm's future financial needs includes all of the following steps EXCEPT

• A) review of the firm's sales revenues and expenses over all past planning periods.
• B) estimation of investment levels for current and fixed assets.
• C) determination of the firm's financing needs for the period.
• D) estimation of projected sales and expenses.

---

Definitions:

U.S. Law

The legal framework encompassing statutes, regulations, and case law governing the United States of America.

Preeminence

The quality of being superior or outstanding in a particular field or context.

Acceptance Is Timely

implies that an offer has been accepted within the timeframe specified, or in a reasonable period, making a contract binding.

Accepted by Offeree

The act of an offeree agreeing to the terms of an offer, thereby creating a binding contract.