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

question 42

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:

Random Variable

A numerical variable influenced by the outcomes of a random phenomenon.

Manufacturer

An entity or company that produces goods from raw materials through the use of various processes, machinery, and operations.

Seed Packets

Packages containing a specific number of seeds for planting.

Expected Value

The weighted average of all possible values of a random variable, taking into account their probabilities of occurrence.