Which of the Following Best Describes Cash Flow Planning

question 12

Multiple Choice

Which of the following best describes cash flow planning?

• A) The scheduling of current and future cash needs to achieve household goals.
• B) The recognition that cash flows can only be generated though strategic planning.
• C) A financial planning scheduling strategy that links financial reviews to cash flows.
• D) All of the above describe cash flow planning.
• E) None of the above describes cash flow planning.

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Definitions:

ERA

Equal Rights Amendment, a proposed amendment to the United States Constitution aimed at guaranteeing equal legal rights for all American citizens regardless of sex.

Strategic Defense Initiative

A proposed missile defense system announced by President Ronald Reagan in 1983, intended to protect the United States from attack by ballistic strategic nuclear weapons.

Camp David Accords

A peace treaty between Israel and Egypt brokered by the United States in 1978, leading to significant steps towards peace in the Middle East.

Oliver North

A United States Marine Corps officer involved in the Iran-Contra affair during the Reagan administration.