Which of the Following Roles Does Finance Play in Long-Term

question 36

Multiple Choice

Which of the following roles does finance play in long-term planning?

• A) Identifying problems that could develop if the firm's strategic plans do not develop as expected.
• B) Evaluating the firm's existing and prospective sources of funding.
• C) Risk management
• D) All of the above
• E) (a)and (b)only

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Definitions:

Manufacturing Overhead-Control

An account that tracks the costs associated with the manufacturing process that are not directly tied to the production of goods, such as utilities and manager salaries.

Labor Distribution Report

A detailed report showing the allocation of labor hours and costs across different jobs, departments, or tasks within an organization.

Finished Goods

Goods that are finalized in the production process and available for purchase by customers.

Bill of Lading

A legal document issued by a carrier to a shipper, detailing the type, quantity, and destination of goods being carried.