Planning and Budgeting Requires

question 102

Multiple Choice

Planning and budgeting requires

• A)control.
• B)financial restraint.
• C)discipline.
• D)all of the above.

---

Definitions:

Financial Markets

Facilities or platforms that support the trading of financial instruments including stocks, bonds, and currencies among investors.

Long-Term Debt

Debt obligations of a company that are due more than one year in the future, including bonds, leases, and loan agreements.

Equity Securities

Shares of stock that represent ownership interest in a company, potentially providing voting rights and dividends to the shareholder.

Money Markets

Financial markets where short-term debt securities are bought and sold.