Which Financial Planning Assumption Does Not Have Supporting Detail

question 90

Multiple Choice

Which financial planning assumption does not have supporting detail?

• A)Sales growth is based on the inflation rate.
• B)Sales growth is based on the industry average sales growth rate.
• C)Net income is based on the average net profit margin for the industry.
• D)Operating expenses are 70% of the current year's sales.

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Definitions:

Surrogate Mothers

Women who carry and deliver a child for another person or couple, often through a legal or informal arrangement.

Times of Danger

Periods or situations where there is a high risk of harm or adverse outcomes.

Even-Tempered

Having a calm and steady disposition not easily provoked to anger or emotional outbreaks.

Daily Routine

The sequence of activities regularly followed by an individual on a day-to-day basis.