The Key Output(s) of the Short-Run Financial Planning Process Are

question 173

Multiple Choice

The key output(s) of the short-run financial planning process are a(n)

• A) cash budget, pro forma income statement, and pro forma balance sheet.
• B) cash budget, sales forecast, and income statement.
• C) sales forecast and cash budget.
• D) income statement, balance sheet, and source and use statement.

---

Definitions:

Emerging Adulthood

A phase of the life span between adolescence and full-fledged adulthood which encompasses late teens through twenties, marked by exploration of possible life directions.

Puberty

A developmental stage in humans marking the onset of sexual maturity and the ability to reproduce.

Young Adulthood

A developmental stage ranging approximately from the late teens to the mid to late 30s, focusing on building careers, relationships, and personal identity.

Ova

Female reproductive cells in animals and plants, also known as egg cells in animals.